Oil and Gas Unconventional Resources: Oil & Gas Financial Journal
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Unconventional Resources

Shale plays first come to mind when one considers unconventional resources. These unconventional resource plays may yield natural gas, gas condensates, and crude oil. Some of the more noteworthy shale plays in North America include the Barnett, Haynesville, Marcellus, Eagle Ford, Fayetteville, Woodford, Bakken, Niobrara, Horn River, and Utica formations. Tight gas, coalbed methane, oil sands, and heavy oil are non-shale unconventional resources.


Unconventional Resources Maps

   Shale Gas Plays
   Coalbed Methane Fields
   Tight Gas Plays
   Canada's Oil Sands
Shale Gas Plays, Lower 48 StatesCoalbed Gas Methane, Lower 48 StatesMajor Tight Gas Plays, Lower 48 StatesCanada's Oil Sands


Drilling budgets shift to high BTU gas, oil

EOG Resources Bakken shale
EOR Resources is the largest producer in the Bakken shale, primarily an oil play. 

Even the most optimistic, bullish members of the producing community have recognized that the shale gas phenomenon is materially shifting the natural gas supply/demand balance. Growth in natural gas supply is primarily responsible for the lower market price for natural gas and will likely maintain downward prices for some time. Some shale formations contain high quantities of natural gas liquids and condensates. With crude oil prices historically high relative to natural gas, high BTU processed to extract these products can yield a much higher wellhead value for the producer. Over the past year, this premium value has resulted in a veritable Race to Liquids. 

But there is a catch. Click here to read the article by Bentek's Rusty Braziel.


Outlook & Trends

Don Warlick
Warlick International


Unconventional Resource Maps

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