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  • Unconventional Oil & Gas

    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 Bakken, Eagle Ford, Marcellus, Fayetteville, Woodford, Niobrara, Haynesville, Horn River, and Utica formations. Tight gas, coalbed methane, oil sands, and heavy oil are non-shale unconventional resources.

    SECTIONS

    Eagle Ford | Marcellus | Cline | Permian | Utica | Bakken | Woodbine & Eaglebine

      Rocky Mountain
    Eagle Ford
      Bakken
       Shale Gas Plays

    As a result of the game-changing North American shale revolution, many are predicting that the US and Canada combined will be self-sufficient in total liquids before 2020. Per Magnus Nysveen of Rystad Energy discusses the key implications of adding eight million barrels of liquids from tight plays in North America from 2010 to 2020

    Click here to find out more.

    With the crude to natural gas price ratio continuing in historically high territory many energy companies are looking for more opportunities to shift from producing cheap gas to producing premium-price oil. For that reason, one tight-oil play long in the background—the Tuscaloosa Marine Shale (TMS) in central Louisiana and southwestern Mississippi—is attracting new attention; particularly from drillers who think they’ve figured out how to deal with TMS’s challenging characteristics. But is TMS all its fracked up to be?

    Part I   Part II 

    Latest Unconventional News

    Juneau Energy gains acreage in East Texas Eagle Ford shale

    Sep 19, 2014

    Juneau Energy LLC, a subsidiary of Leucadia National Corp., reports the acquisition of oil and gas leases in the emerging East Texas Eagle Ford shale play, consisting of approximately 10,264 net acres primarily in Brazos and Burleson counties. The acquisition closed on Sept. 17.

    ExxonMobil increases Wolfcamp position in Permian Basin

    Sep 19, 2014

    Exxon Mobil Corp. has entered into a non-monetary exchange agreement with LINN Energy LLC to add 17,800 net acres in the Permian Basin to its US oil and natural gas portfolio managed by subsidiary XTO Energy Inc.

    Basic acquires Pioneer Fishing and Rental

    Sep 19, 2014

    Basic Energy Services Inc. has completed the acquisition of substantially all of the assets of Pioneer Fishing and Rental (PFR), a division of Pioneer Energy Services, for a total cash consideration of $16 million.

    Buckeye Partners closes acquisition of 80% interest in Buckeye Texas Partners

    Sep 18, 2014

    Buckeye Partners LP has completed its $860 million purchase of an 80% interest in Buckeye Texas Partners LLC.

    CONE Midstream Partners launches IPO

    Sep 18, 2014

    CONE Midstream Partners LP, a Delaware limited partnership formed by CONSOL Energy Inc. and Noble Energy Inc., has launched its initial public offering of 17,500,000 common units representing limited partner interests. 

    Vitesse Energy acquires acreage in Williston Basin

    Sep 17, 2014

    Vitesse Energy LLC, a subsidiary of Leucadia National Corp., reports the acquisition of non-operated oil and gas assets in the Williston Basin from EnerVest Operating LLC.

    Blueknight Energy Partners begins public offering of common units

    Sep 17, 2014

    Blueknight Energy Partners LP has begun an underwritten public offering of 8,500,000 common units representing limited partner interests of the Partnership.  

    Atlas Pipeline Partners starts up new Permian processing plant

    Sep 16, 2014

    Atlas Pipeline Partners LP has brought into service its Edward processing plant, with capacity of 200 million cubic feet per day, in the Permian Basin.

    ENXP files registration statement for proposed IPO

    Sep 16, 2014

    Energy & Exploration Partners Inc. (ENXP) has filed a registration statement on Form S-1 with the Securities and Exchange Commission relating to a proposed initial public offering of its common stock. 

    Black Ridge increases senior secured credit facility borrowing base

    Sep 12, 2014

    Black Ridge Oil & Gas Inc. has reported an increase to the Cadence Bank NA senior secured credit facility borrowing base to $35 million, a 75% increase from the previous borrowing base of $20 million.   

    ConocoPhillips CEO on shale boom: We've only scratched the surface

    Technology innovation has expanded the world’s energy resource base and the oil and gas industry will continue to working to supply that growth, said ConocoPhillips (NYSE:COP) chairman and CEO Ryan Lance.

    ©2014 Michael Stravato. Provided courtesy of the James A. Baker III Institute for Public Policy, Rice University.

    Read the full article here. 


    US tight oil production averaged 3.22 day MMbbl/d in 4Q13, according to US EIA estimates. This level was enough to push overall crude oil production in the US to an average of 7.84 MMbbl/d, more than 10% of total world production, up from 9% in the fourth quarter of 2012. Read more here

    Can the shale gas rBart Willigers, Palantir Solutions Ltd. evolution currently taking place in the US be repeated elsewhere? Although significant volumes of unconventional gas deposits are present in Poland, France, Germany, Hungary, Sweden, Turkey, and the UK, shale gas developments are running many years behind their counterparts in the US. Skeptics have pointed out that differences in geology, taxes, public acceptance, environmental regulations and other factors in Europe vs. the US make for a tougher environment in which to develop unconventional resources. 

    Read the article by Bart J. A. Willigers of Palantir Solutions Ltd. here