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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

    New York bans hydraulic fracturing following health report

    Dec 18, 2014

    The New York State Department of Health has completed its public health review of high-volume hydraulic fracturing and Acting DOH Commissioner Dr. Howard Zucker recommended that high-volume hydraulic fracturing should not move forward in New York state.

    Sabine and Forest Oil complete all-stock business combination

    Dec 18, 2014

    Sabine Oil & Gas LLC and Forest Oil Corp. have closed their all-stock business combination on a revised basis. The combined entity intends to change its name to Sabine Oil & Gas Corp., and will be headquartered in Houston, Texas.

     

    Lucas Energy granted NYSE MKT compliance plan extension

    Dec 17, 2014

    Lucas Energy Inc. reports that the NYSE MKT notified the company that it has been granted an extension until Jan. 31, 2015, to regain compliance with the NYSE MKT continued listing standards.

    WadeCo Specialties acquires Select Chemicals

    Dec 17, 2014

    WadeCo Specialties Inc., a specialty chemical provider focused on production chemicals and services for the oil and gas industry, has acquired Select Chemicals Ltd. WadeCo is a portfolio company of Hastings Equity Partners, a private equity firm focused on investing in lower, middle-market energy services and equipment businesses.

    Enterprise begins open season for proposed pipeline expansion

    Dec 16, 2014

    Enterprise Products Partners LP has begun a binding open season to seek shipper support for a proposed expansion of the portion of its Panola Pipeline Co. LLC natural gas liquids (NGL) system between Carthage, Texas, and Mont Belvieu, Texas.

    Medallion closes binding open season for crude oil pipeline expansion

    Dec 16, 2014

    Medallion Pipeline Co. LLC, a subsidiary of Medallion Midstream LLC, has closed the binding open season for its proposed crude oil pipeline extension, as well as for the capacity expansion of its existing Wolfcamp Connector pipeline.

    Magellan Midstream extends open season for Saddlehorn Pipeline

    Dec 16, 2014

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

    Summit Utica to develop NG gathering system for XTO Energy

    Dec 16, 2014

    Summit Midstream Partners LLC, a privately held company that owns and controls the general partner of Summit Midstream Partners LP (SMLP) and also owns a 49.5% limited partner interest in SMLP, has reached an agreement with XTO Energy Inc. to develop and operate a new natural gas gathering system servicing XTO's natural gas production from Belmont and Monroe counties in southeastern Ohio. 

    Four globalization trends to watch in 2015

    Dec 16, 2014

    US crude production in 2015 will reach 9.5 million barrels per day for the first time since 1970, according to the Energy Information Administration (EIA) Short-Term Energy Outlook published in October.

    ARB Midstream hires senior director of commercial operations

    Dec 16, 2014

    ARB Midstream LLC has hired Paula Regan as senior director of commercial operations. She will be responsible for the management of rail shipments and trucking logistics, and will also work with terminal personnel to schedule activities at the Niobrara Connector terminal.

    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