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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

    Porter Hedges opens offices in Oklahoma City

    Oct 23, 2014

    Porter Hedges LLP has expanded its energy practice with the opening of a new office in Oklahoma City, Oklahoma, led by partner C. Ray Lees.

    Aqua Terra expands into Permian Basin

    Oct 23, 2014

    Aqua Terra Water Management LP has acquired two saltwater disposal facilities operated by Texas SWD Co Inc. and a permit for a saltwater disposal facility from Coronado Minerals LLC. Terms of the acquisitions were not disclosed.

    Juneau Energy acquires acreage in Houston and Leon counties, Texas

    Oct 23, 2014

    Juneau Energy LLC, a subsidiary of Leucadia National Corp., has completed the acquisition of oil and gas properties in East Texas, consisting of approximately 20,800 net acres primarily in Houston and Leon counties.

    Magellan extends open season for proposed Saddlehorn pipeline

    Oct 22, 2014

    Magellan Midstream Partners LP has extended the open season for commitments on the proposed Saddlehorn pipeline to transport various grades of crude oil from the Niobrara shale to the partnership's storage facilities in Cushing, Oklahoma.

    Crestwood concludes non-binding open season for MARC II pipeline

    Oct 21, 2014

    Crestwood Midstream Partners LP reports that its subsidiary, Central New York Oil & Gas Co. LLC (CNYOG), which owns the North-South and MARC I pipelines and the Stagecoach storage facility, has concluded a non-binding open season to solicit interest for firm transportation of natural gas on a proposed new 30-mile pipeline extending CNYOG’s system to the proposed PennEast pipeline, a new interconnect on Transco’s Leidy Line, and Transco’s proposed Atlantic Sunrise expansion project in Luzerne County, Pennsylvania.

    Eagle Materials to acquire CRS Proppants

    Oct 20, 2014

    Eagle Materials Inc. has entered into a definitive agreement to acquire CRS Proppants LLC and its subsidiaries, including Great Northern Sand LLC (CRS Proppants), a supplier of northern-white frac sand to the energy industry, for $225 million.

    Enterprise extends open season for proposed Bakken-to-Cushing pipeline

    Oct 20, 2014

    Enterprise Products Partners LP reports that the binding open commitment period to determine shipper demand for capacity on a proposed new crude oil pipeline from the Williston Basin of North Dakota to the Cushing hub in Oklahoma has been extended until 5 p.m. CST, Nov. 14.

     

    Shale oil production from Bakken, Eagle Ford up 2.1% in September

    Oct 20, 2014

    Oil production from shale formations in North Dakota and Texas increased by 55,000 barrels per day (b/d) or 2.1% in September, according to Bentek Energy, an analytics and forecasting unit of Platts.  

    Tesoro Logistics acquires QEP Field Services

    Oct 20, 2014

    Tesoro Logistics LP has executed a definitive agreement to acquire QEP Resources Inc.'s wholly owned natural gas gathering and processing business, QEP Field Services LLC, including its 58% partnership interest in QEP Midstream Partners LP.

    TDW uses isolation technology to facilitate GOM pipeline flow reversal

    Oct 20, 2014

    T. D. Williamson (TDW), a global pipeline service provider, recently performed a complex pipeline intervention to facilitate reversal of flow of a 300-mile pipeline along the US Gulf Coast for a major operator.

    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