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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

    WorleyParsonsCord to provide services for Canadian oil sands project

    Jan 26, 2015

    WorleyParsons Ltd.’s Canadian subsidiary WorleyParsonsCord has been selected to provide fabrication, modularization, and construction services in an agreement with a major exploration and production company in Canada to construct a significant oil sands mining project.

    GreenHunter begins registered direct placement of common stock

    Jan 26, 2015

    GreenHunter Resources Inc. has entered into subscription agreements with certain accredited investors (the purchasers), pursuant to which it will issue and sell to the purchasers an aggregate of 3,333,334 shares of its common stock (the shares) and warrants to purchase up to an additional 1,166,667 shares of company’s common stock (the warrants, and the shares issuable upon exercise of the warrants, the warrant shares), at a price of $0.60 per unit (before placement fees and offering expenses).

    Sanchez begins exchange offer for senior notes due 2023

    Jan 26, 2015

    Sanchez Energy Corp. has begun an exchange offer of up to $1,150,000,000 million aggregate principal amount of its 6.125% senior notes due 2023 that have been registered under the Securities Act of 1933, as amended, for an equal amount of its outstanding 6.125% senior notes due 2023 that have not been registered under the Act. 

     

    Fitch comments on Kinder Morgan acquisition of Hiland Partners

    Jan 23, 2015

    Fitch Ratings expects the acquisition of Hiland Partners by Kinder Morgan Inc. (KMI; IDR: 'BBB-'/Stable Outlook) to be credit neutral. The transaction, valued at $3 billion including the assumption of roughly $1 billion of Hiland debt, provides KMI with increased access to quality assets and a good platform for growth in the Bakken shale region.

    Burleson attorneys receive board certification in oil, gas, and mineral law

    Jan 23, 2015

    Three attorneys with Burleson LLP – Kene Chinweze, Landon Speights, and Brandon Durrett – have recently earned board certification in oil, gas, and mineral law by the Texas Board of Legal Specialization.

    Enterprise to move forward with Panola NGL pipeline expansion

    Jan 23, 2015

    Shipper commitments received during a recent binding commitment period will support Enterprise Products Partners LP’s proposed expansion of the Panola Pipeline Co. LLC natural gas liquids (NGL) system.

    Sunoco Logistics closes open season for Delaware Basin Extention project

    Jan 22, 2015

    Sunoco Pipeline LP has closed a binding open season for its Delaware Basin Extension project, said Sunoco Logistics Partners LP. The project will provide shippers with new takeaway capacity from the Delaware Basin area in New Mexico and West Texas to Midland, Texas.

    Phillips 66 Partners closes Bakken joint venture agreements

    Jan 22, 2015

    The joint ventures between Phillips 66 Partners LP and Paradigm Energy Partners to develop midstream logistics infrastructure in the Bakken region have been formed and governance agreements completed.

    Kinder Morgan to acquire midstream position in Bakken shale play

    Jan 22, 2015

    Kinder Morgan Inc. has a definitive agreement whereby KMI will acquire Hiland Partners from its founder, Harold Hamm, and certain Hamm family trusts, for a total purchase price of $3 billion, including the assumption of debt.

    Solaris Oilfield Infrastructure makes organizational changes

    Jan 21, 2015

    Chris Work has joined Solaris Oilfield Infrastructure LLC as CFO and chief administrative officer.

    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