• 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.


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

    Eagle Ford
       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

    NextEra completes acquisition of natural gas pipelines in Texas

    Oct 5, 2015

    NextEra Energy Partners LP has completed its acquisition of NET Midstream, a privately held developer, owner and operator of a portfolio of seven long-term contracted natural gas pipeline assets located in Texas.  

    Alta Mesa Holdings closes sale of Alta Mesa Eagle

    Oct 2, 2015

    Alta Mesa Holdings LP has closed the sale of its subsidiary Alta Mesa Eagle LLC, which owns certain oil and gas producing properties in the Eagle Ford shale area and other assets, to EnerVest Ltd. and its affiliates.

    PDC Energy extends maturity of revolving credit facility

    Oct 2, 2015

    PDC Energy Inc. has extended the maturity of its revolving credit facility by two years to May 2020. The borrowing base has been reaffirmed at $700 million of which the company has elected to keep its commitment level at $450 million.

    FBS Properties completes acquisition of oil and gas companies

    Sep 30, 2015

    FBS Properties Inc., founded by investor Fred Schneiderman, has concluded the acquisition of 100% of Warwick Oil & Gas Inc., Warwick Oil & Gas Inc., and Reserve Royalty Corp. The acquired companies have oil and gas interests in more than 20 counties and parishes in Texas, Arkansas, and Louisiana.

    Sanchez Energy enhances liquidity with $345M midstream asset sale

    Sep 29, 2015

    Sanchez Energy Corp. has executed an agreement with Sanchez Production Partners LP (SPP) pursuant to which the company will divest, and SPP will acquire and operate, certain pipeline, gathering, and compression assets located on the Western part of its Catarina asset in the Eagle Ford shale play in South Texas, for cash consideration of $345 million.

    DW offers a US perspective on production decline

    Sep 29, 2015

    Douglas-Westwood’s DW Monday report for Sept. 28 comments on the effects of oil prices on drilling and production levels in the US.

    Approach Resources confirms reaffirmation of lender commitments in credit facility at $450M

    Sep 28, 2015

    Approach Resources Inc. has completed the scheduled semiannual borrowing base redetermination of its revolving credit facility, and as a result, the bank group has set the lender commitment amount and borrowing base at $450 million.

    Forestar provides update on new CEO, promotions, and board retirements

    Sep 28, 2015

    Forestar Group Inc. has appointed Phillip J. Weber, chairman of the company’s Real Estate Investment Committee and formerly executive vice president – Water Resources, as CEO, following James M. DeCosmo, president and CEO, stepping down on Sept. 25.

    S&P revises its crude oil and natural gas price assumptions

    Sep 24, 2015

    Standard & Poor's Ratings Services has revised its price assumptions for Brent and West Texas Intermediate crude oil as well as for Henry Hub natural gas, according to a report published today on RatingsDirect.

    GlobalData: Gas processing capacity expansion continues, led by US and Middle East

    Sep 24, 2015

    Global gas processing capacity is projected to increase from approximately 458 billion cubic feet per day (bcf/d) in 2015 to almost 516 bcf/d by 2019, driven by a full slate of projects in the Middle East, North America, and Asia, according to research and consulting firm GlobalData.

    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