•  
  •  
  •  
  •  
  •  
  • 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

    Eagle Ford
      Bakken
       Shale Gas Plays Permian Basin

    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

    Columbia Pipeline Group spins off from NiSource

    Jul 2, 2015

    On July 1, NiSource separated Columbia Pipeline Group into a stand-alone publicly traded company. Each NiSource shareholder at the time of the separation received one share of Columbia Pipeline Group for each share of NiSource.

    Hess completes sale, establishes Bakken midstream JV

    Jul 2, 2015

    Hess Corp. has completed the sale of a 50% interest in its Bakken midstream assets to Global Infrastructure Partners for cash consideration of $2.675 billion.

    Comstock to divest certain East Texas assets

    Jul 2, 2015

    Comstock Resources Inc. has entered into a definitive purchase and sale agreement with a private company to sell Comstock's oil and gas properties in and around Burleson County, Texas, for a sale price of $115 million.



    Ring Energy completes Delaware Basin acquisition

    Jun 30, 2015

    Ring Energy Inc. has closed its acquisition of the Delaware Basin acreage located in Culberson and Reeves counties, Texas, for a purchase price of $75 million.

    DCP Midstream Partners' Lucerne 2 Plant now serves DJ Basin

    Jun 29, 2015

    DCP Midstream Partners LP’s new 200 million cubic feet per day (MMcf/d) Lucerne 2 natural gas processing plant is now in service, increasing the Partnership's processing capacity in the Denver-Julesburg Basin (DJ Basin) to approximately 400 MMcf/d.

    WPX Energy increases activity and EURs in Williston Basin

    Jun 26, 2015

    WPX Energy plans to increase its activity in the Williston Basin during the second half of 2015 by resuming completions and increasing its rig count from one to three before year-end.

    Hydraulic fracturing market projected to continue growth

    Jun 26, 2015

    Transparency Market Research has released a new market report titled "Hydraulic Fracturing Market – Global Industry Analysis, Size, Share, Growth Trends, and Forecast, 2014 – 2022" that says the global hydraulic fracturing market stood at 21.34 MHHP in 2013 and is expected to reach 33.97 MHHP by 2022 at a CAGR of 5.30% from 2014 to 2022. In terms of revenue, the global hydraulic fracturing market was valued at US$38,320 million and is estimated to reach US$66,059.42 million at a CAGR of 6.12% from 2014 to 2022.

    Magnum Hunter to sell interest in Eureka Hunter pipeline, pay down debt

    Jun 25, 2015

    Magnum Hunter Resources Corp. intends to monetize 100% of its 45.53% interest in the Eureka Hunter pipeline, according to commentary from Wunderlich Securities Inc.

    CPG to invest $2.7B in Mountaineer and Gulf XPress projects

    Jun 25, 2015

    Columbia Pipeline Group Inc., a subsidiary of NiSource Inc., will invest $2.7 billion in new infrastructure projects to support the continued development of gas supplies in the Marcellus and Utica shale regions. 

    IHS: Wolfcamp Delaware play offers promise as it matures

    Jun 24, 2015

    Located in the western portion of the Permian Basin, which straddles the Texas-New Mexico border, the Wolfcamp Delaware play is an emerging hydrocarbon play that, according to new analysis from IHS, has the economic potential to sustain select operators through this period of distressed oil prices. However, like most adolescents, IHS says that this play is a story of promise, potential, and testing limits.

    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