• 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

    Barnett Shale

    Barnett Shale Description Image

    The Barnett shale in north-central Texas lies in the Fort Worth Basin. Discovered in the 1950s, the Barnett was not commercially viable until the 1980s. Some geologists believe the formation could hold 30 trillion cubic feet of natural gas. A significant part of the drilling has occurred in the Fort Worth metro area, and Chesapeake Energy actually secured rights to drill beneath the Dallas-Fort Worth International Airport.

    Drilling in the Barnett shale intensified in the past decade as modern horizontal drilling and hydraulic fracturing techniques were perfected for drilling in shale. Devon Energy, Chesapeake Energy, XTO Energy, and EOG Resources are among the larger players in the Barnett shale. Two years ago, 70% of all US gas shale production came from the Barnett, but that percentage of the total has been declining as production has risen in other plays.

    Barnett Shale Map

    Barnett Shale News

    Mitchell honored for contribution to shale gas revolution

    Aug 1, 2010 In this, the branded "unconventional resources" issue of Oil & Gas Financial Journal, it seems only fitting to dedicate this column to George P. Mitchell, the man credited with pioneering hydraulic fracturing—the technology that has unlocked shale gas and revolutionized the oil and gas industry.

    Bakken Shale has largest oil deposits in US outside the oil fields of Alaska

    Aug 1, 2010 Located in the Williston Basin in Montana and North Dakota and in the Canadian provinces of Saskatchewan and Manitoba, the Bakken Shale subsurface formation is mainly an oil play.

    Topaz begins drilling in oil-leg of Barnett

    Jul 16, 2010

    Topaz Resources Inc. has commenced drilling its next well in the "oil" leg of the Barnett shale formation in North Texas.

    Topaz Resources starts second Barnett shale drilling program

    Jun 24, 2010

    George P. Mitchell receives lifetime achievement award from GTI

    Jun 18, 2010

    Houston oilman George P. Mitchell has been awarded a Lifetime Achievement Award from the Gas Technology Institute. The founder of Mitchell Energy & Development Corp., Mitchell received the prestigious honor for pioneering hydraulic fracturing and drilling technologies that created a shale gas revolution.

    Devon Energy Woodford shale update

    May 30, 2010

    When independent oil and gas exploration and production company Devon Energy Corp. presented at the UBS Global Oil and Gas Conference in May, the company briefed analysts and investors on its current 2010 capital expenditure budget that reinforced its position in the oil and gas shale plays.

    Gateway terminates CEO, CFO; board members resign

    May 21, 2010

    On May 19, 2010, midstream energy company Gateway Energy Corp.’s board of directors terminated, without cause, the employment of Robert Panico, Gateway's CEO and president; and Christopher Rasmussen, Gateway's CFO.

    Devon Energy sells $1.05B in Gulf of Mexico shelf assets to Apache

    Apr 14, 2010

    Independent energy company Devon Energy Corp. has agreed to sell all of its Gulf of Mexico shelf assets to Apache Corp. for $1.05 billion, or roughly $840 million after tax.

    Norse Energy grabs a piece of the Barnett

    Apr 1, 2010

    Norse Energy Corp. ASA has signed a letter of intent and exclusivity agreement with Strategic Petroleum Investment Consultants Enterprise Inc., Paris Oil & Gas Corp., and Eleon Operators LLC for the potential acquisition of roughly 19,700 acres in the Barnett combo play in Texas for US$70 million.

    Total increases its focus on upstream sector

    Apr 1, 2010 From its creation in 1924 as the Compagnie française des pétroles, France's Total, together with its subsidiaries and affiliates, has grown to become the world's fifth largest publicly–traded integrated oil and gas company in 2010 with 96,950 employees and operations in more than 130 countries.

    Year off to a fast start with M&A deals

    Feb 1, 2010 Energy M&A Update is a new monthly feature in OGFJ, brought to you in collaboration with The Rodman Energy Group.

    Chesapeake adds $2.25B Total JV to list of growing partnerships

    Feb 1, 2010 Barnett JV most recent in succession of shale partnerships raking in $10.8B for the company in the past 18 months

    Chesapeake adds $2.25B Total JV to list of growing partnerships

    Feb 1, 2010

    Barnett JV most recent in succession of shale partnerships raking in $10.8B for the company in the past 18 months

    High gas rate in Eagle Ford prompts Pioneer to form dedicated team

    Jan 19, 2010

    Pioneer Natural Resources has hit gas at its second significant well in the Eagle Ford Shale, prompting the company to form an asset team specifically focused on future Eagle Ford Shale activity.

    Gateway buys Barnett shale gathering system

    Jan 11, 2010

    Gateway Energy Corp. has acquired the Hickory Creek Gathering System from Hickory Creek Gathering LP and Range Texas Production LLC for a cash purchase price of $3.9 million.


    OGFJ Webcasts

    There is no current content available.