• 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

    Tall Oak to expand in STACK play with new gathering and transportation system

    May 29, 2015

    Tall Oak Midstream LLC is constructing a new crude oil gathering, storage, and transportation system designed to serve producers in Oklahoma’s STACK play.

    Synergy Resources appoints Peterson as president

    May 29, 2015

    Lynn Peterson has joined Synergy Resources Corp. as president of the company. 

    AEPB prices $295M of senior secured second lien notes

    May 29, 2015

    American Energy – Permian Basin LLC (AEPB), an affiliate of American Energy Partners LP, has priced its offering of $295 million of 8.000% senior secured second lien notes due 2020. The notes will be sold to investors at 100% of their principal amount.  

    AEPB offers $295M of senior secured second lien notes

    May 28, 2015

    American Energy – Permian Basin LLC (AEPB), an affiliate of American Energy Partners LP, intends to offer $295 million of senior secured second lien notes due 2020 in an unregistered offering to institutional investors.

    AEW begins senior notes exchange offer

    May 28, 2015

    American Energy – Woodford LLC (AEW), an affiliate of American Energy Partners LP, has begun a private offer to exchange any and all of the outstanding 9.00% senior notes due 2022 held by eligible holders for newly issued 12.00% second lien notes due 2020.

    WPX Energy completes $200 million asset sale

    May 28, 2015

    WPX Energy has completed its third divestiture of the year, closing the sale of a package of Marcellus shale marketing contracts and the release of certain related firm transportation capacity to an undisclosed buyer.

    Cenovus confirms executive retirements and promotions

    May 27, 2015

    Cenovus Energy Inc. confirms that four Cenovus executives have made the decision to retire. The company has also announced three promotions.

    Riley acquires interests in CRI and Permian acreage

    May 27, 2015

    Riley Exploration Group LLC has acquired a 90% equity interest in Cinco Resources Inc. (CRI), effective May 19, through a share exchange with private equity funds managed by Yorktown Energy Partners. Riley also received an investment from funds managed by Yorktown to acquire a working interest in a new 25,000-acre horizontal oil play in the Permian Basin.

    Ring signs PSA on Delaware Basin acreage

    May 26, 2015

    Ring Energy Inc. has signed a purchase and sale agreement to acquire producing wells and leaseholds located in Culberson and Reeves counties, Texas. The acreage is located in the Delaware Basin.

    Seventy Seven Energy sells Hodges Trucking

    May 26, 2015

    Seventy Seven Energy Inc. has executed a definitive agreement to sell Hodges Trucking Co. LLC to a wholly owned subsidiary of Aveda Transportation and Energy Services Inc.  

    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