Table of ContentsEditor's CommentUnconventional news you can useAugust is OGFJ's annual Unconventional Resources Issue, and we have an outstanding lineup of authors and articles. Capital PerspectivesAppetite for mezzanine funding ramps up in current marketFollowing a wave of consolidation in E&P companies in the late 2000s and the shedding of assets to delever, seasoned management teams jumped ship, spawning a generation of upstream start-ups.
Upstream NewsApache to pay $7B for BP legacy assetsWith an asset purchase package from BP plc, Apache Corp. will add proved reserves of 385 MMboe and production of 83,000 boe/d.
Cover StoryEnerplus changing its strategy to growth-type business modelAN INTERVIEW WITH GORDON KERR, PRESIDENT AND CEO OF ENERPLUS RESOURCES
FeaturesSeven factors that drive today's gas shale businessNoted researcher and consultant Don Warlick of Warlick International provides a mid-year update on the current state of gas shale development and markets for natural gas.
The race to liquidsExploration and production companies are shifting their natural gas drilling budgets to high-BTU, liquid-rich plays, which is impacting gas processing, NGL markets, and petrochem feedstocks.
Bakken Shale has largest oil deposits in US outside the oil fields of AlaskaLocated in the Williston Basin in Montana and North Dakota and in the Canadian provinces of Saskatchewan and Manitoba, the Bakken Shale subsurface formation is mainly an oil play.
Devon and Chesapeake are top ranked companies in Barnett Shale productionOklahoma City-based Devon Energy, the eighth-largest oil and gas producer in the United States based on total assets and stockholder equity, ranks as the top producer in Texas' Barnett Shale.
Petrohawk reduces Haynesville rig count to concentrate on liquids-rich Eagle FordHouston-based Petrohawk Energy, the 22nd largest US producer in total assets and the 19th in stockholder equity, is the No. 1 producer in the fast-developing Eagle Ford Shale play in South Texas.
Chesapeake, Petrohawk continue to dominate in Haynesville ShaleChesapeake Energy takes honors as the top-producing operator in the Haynesville Shale play in northwest Louisiana and northeast Texas.
Range Resources, Chesapeake, EQT among largest producers in MarcellusThe Marcellus Shale play extends through the northern half of the Appalachian Mountain chain in the states of Pennsylvania, New York, West Virginia, and eastern Ohio.
Noble Energy, Anadarko, PDC lead the pack in early development of Niobrara ShaleNoble Energy, with headquarters in Houston, is the leading producer in the Niobrara Shale play, which is mostly in the Denver-Julesberg Basin of northeastern Colorado.
Financing gas storage projectsDevelopers of natural gas storage projects planning to use debt financing to fund construction must be aware of key risks arising from the project's development and implement mitigation measures necessary to make the project financeable.
OGJ150 QuarterlyRevenues, net income continue to rise for US producers in 1Q10Total revenues and net income continued to rise in the first quarter of 2010 for the OGJ150 group of companies tracked by Oil & Gas Journal and Oil & Gas Financial Journal.
Deal MonitorReliance-Pioneer deal is month's largestIndia's Reliance Industries and Dallas-based Pioneer Natural Resources announced a joint venture transaction in the highly prospective Eagle Ford Shale play in South Texas on June 24.
Industry BriefsCopano Energy raises $300M for Eagle Ford growthCopano Energy LLC has issued $300 million of convertible preferred equity to an affiliate of private investment firm TPG Capital to support its Eagle Ford shale expansion and other growth initiatives in Texas and Oklahoma.
Energy PlayersExxonMobil plans management changesA. T. (Tim) Cejka, president, ExxonMobil Exploration Co., and vice president, Exxon Mobil Corp., has elected to retire on Aug. 31, 2010, after more than 34 years of service.
Special Report: RussiaThe real face of RussiaThe real face of Russia is a difficult concept for those unfamiliar with the country: an energy superpower grappling with the challenge of redefining itself for the 21st century.
Beyond the WellMitchell honored for contribution to shale gas revolutionIn this, the branded "unconventional resources" issue of Oil & Gas Financial Journal, it seems only fitting to dedicate this column to George P. Mitchell, the man credited with pioneering hydraulic fracturing?the technology that has unlocked shale gas and revolutionized the oil and gas industry.
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