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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

    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

    Matador prices public offering of common stock

    Apr 17, 2015

    Matador Resources Co. has priced an underwritten public offering of 7,000,000 shares of its common stock. Total estimated proceeds of the offering to Matador, before estimated offering expenses, are $189 million. The offering is expected to close on April 21.

    Post Oak Energy Capital commits $150 million to PetroEdge Energy IV

    Apr 16, 2015

    Post Oak Energy Capital has made a $150 million capital commitment to PetroEdge Energy IV LLC. PetroEdge’s management team will be co-investing alongside Post Oak. 

    Matador begins public offering of common stock

    Apr 16, 2015

    Matador Resources Co. has begun an underwritten public offering of 7,000,000 shares of its common stock.

    GreenHunter Resources secures $16M senior secured term loan

    Apr 15, 2015

    GreenHunter Resources Inc. has entered into an agreement for a senior secured term note financing of up to $16 million.

    EIA predicts US crude oil production will continue to rise despite falling prices

    Apr 15, 2015

    The US Energy Information Administration predicts that, despite falling crude oil prices, US crude production will still manage to rise to 10.6 million barrels per day in 2020, a million barrels more than was predicted in 2014, and that, by 2040, US production should settle out at 9.4 million bpd.

    EIA: US shale production set to record first drop in four years

    Apr 14, 2015

    The US Energy Information Administration’s monthly drilling report, released April 13, says that oil production from US shale plays is expected to decline 45,000 barrels per day (bpd) to 4.98 million bpd in May from 5.02 million bpd in April – marking this as the first such monthly decline seen in over four years.

    GreenHunter Resources names Pagen as VP, business development

    Apr 14, 2015

    GreenHunter Resources Inc., a diversified water resource, waste management, environmental services, and hydrocarbon marketing company specializing in unconventional oil and natural gas shale resource plays, has appointed Melissa Pagen as vice president of business development, effective April 15.

    Northern reaffirms borrowing base at $550M

    Apr 14, 2015

    Northern Oil and Gas Inc.'s bank syndicate group has reaffirmed and maintained the existing $550 million borrowing base under Northern's revolving credit facility during the semi-annual redetermination period. 

    Gatwick oil discovery estimates wildly optimistic, says GlobalData analyst

    Apr 14, 2015

    The recent announcement by exploration firm UK Oil & Gas Investments (UKOG) that there could be up to 100 billion barrels of oil onshore beneath the South of England area, following its discovery at a well near Gatwick airport, is wildly optimistic, says an analyst with research and consulting firm GlobalData.

    Quantum Energy Partners funds new Houston-based Rockcliff Energy

    Apr 13, 2015

    Following the sale of QR Energy LP to Breitburn Energy Partners LP, QR Energy CEO Alan Smith has formed a new company, Houston-based Rockcliff Energy LLC, of which he is president and CEO, according to the Houston Business Journal. Rockcliff has received $350 million in funding from Quantum Energy Partners.

    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