• 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

    Eagle Ford Shale Description ImageThe Eagle Ford shale formation in South Texas runs from the US-Mexico border north of Laredo in a narrow band extending northeast for several hundred miles to just north of Houston. It is located directly below the Austin Chalk. The average thickness of the Eagle Ford shale is about 475 feet. The more active part of the region is mainly in McMullen, Maverick, Dimmit, La Salle, Karnes, Live Oak, and Atascosa counties. The formation produces both natural gas and oil, but it is the oil-producing and gas condensate areas that are hottest right now.

    Houston-based Apache Corp. and EOG Resources are two of the largest lease-holders in the Eagle Ford. Other major players include Petrohawk, Swift Energy, ExxonMobil, ConocoPhillips, Murphy Oil, Chesapeake, Cabot Oil & Gas, and Pioneer Natural Resources.

    Eagle Ford Shale Map

    Eagle Ford Shale Play Map

    Eagle Ford Shale News

    Drilling surges in Eagle Ford

    Aug 5, 2013

    The Eagle Ford Shale is a hydrocarbon producing formation of significant importance due to its capability of producing both gas and more oil than traditional shale plays.

    Rail filling an interim role as crude production surges

    Aug 5, 2013

    Most of us have seen the horrendous images of the Canadian rail explosion that killed dozens of people on July 6 in Lac-Megantic, a small town in Quebec.

    Swift Energy plans Central LA divestiture to fund Eagle Ford activity

    Aug 1, 2013

    Before market open this morning, as part of its 2Q13 earnings and production report, Swift Energy Inc. appears to have taken a potential joint venture of its South Texas assets off the table, noting instead that it plans to divest Central Louisiana assets.

    ZaZa Energy sells remaining Moulton assets

    Jul 31, 2013

    ZaZa Energy Corp. (NASDAQ:ZAZA) has completed the transaction for the sale of its remaining properties located in Fayette, Gonzalez and Lavaca Counties, Texas, which the company refers to as its Moulton properties in the Eagle Ford, to a subsidiary of Sanchez Energy Corp.

    Acquisition among Sanchez Energy’s production update

    Jul 27, 2013

    Sanchez Energy Corp., an independent oil resource company targeting the onshore US Gulf Coast with a current focus on the Eagle Ford shale play, has provided an update on its second-quarter 2013 operations, including an agreement to acquire approximately 10,800 net acres in Fayette, Gonzales and Lavaca counties in Texas.

    Cabot announces sixth Marcellus rig in operations update

    Jul 27, 2013

    Cabot Oil & Gas Corp. has added a sixth rig in its Marcellus Shale drilling program to establish an early start to its 2014 program. Additionally, the company reported continued success from its step-out drilling in the Marcellus and impressive results from its Eagle Ford drilling program.

    Post Oak and GSAM commit $100M to PetroEdge Energy III

    Jul 23, 2013

    Post Oak Energy Capital and funds managed by Goldman Sachs Asset Management (GSAM) have made a $100 million capital commitment to PetroEdge Energy III LLC. PetroEdge's management team will be co-investing alongside Post Oak and GSAM.

    SM Energy's Anadarko Basin sale should draw high bids

    Jul 11, 2013

    SM Energy Co. (NYSE: SM) has engaged an advisor to market all of its properties in the Anadarko Basin, which includes the company’s Granite Wash interests, the company said July 10.

    ZaZa Energy announces new agreement for Moulton assets

    Jul 4, 2013

    ZaZa Energy LLC, a wholly owned subsidiary of ZaZa Energy Corp. (NASDAQ: ZAZA) has entered into a new purchase and sale agreement with an independent third party to sell approximately 10,300 net acres of its properties in Fayette, Gonzalez and Lavaca counties, Texas, which ZaZa refers to as its Moulton properties in the Eagle Ford shale play.

    Bridger partners with Riverstone Holdings

    Jul 4, 2013

    Bridger LLC, formerly Bridger Group LLC, a crude oil marketing and midstream logistics company based in Dallas, Texas, has partnered with Riverstone Holdings LLC, an energy- and power-focused private equity firm. The companies have jointly committed to invest up to $300 million to further fuel Bridger’s growth strategy.

    Chesapeake sells Eagle Ford and Haynesville assets to EXCO for $1B

    Jul 3, 2013

    Chesapeake Energy Corp. (NYSE:CHK) announced the execution of agreements to sell assets in the northern Eagle Ford Shale and Haynesville Shale to Dallas-based EXCO Operating Company LP, a subsidiary of EXCO Resources Inc. (NYSE:XCO), for aggregate proceeds of about $1 billion, of which approximately 90% will be received upon closing.

    NGL acquires crude oil terminal, barge business in South Texas

    Jul 2, 2013

    NGL Energy Partners LP (NYSE: NGL) has acquired the assets of Crescent Terminals LLC, a Delaware limited liability company, and the partnership interests of Cierra Marine LP, a Delaware limited partnership, and its affiliated companies.

    Statoil takes control of Eagle Ford acreage

    Jul 2, 2013

    Statoil has become operator of half the acreage it holds under a 50/50 joint venture agreement with Canada’s Talisman Energy in the Eagle Ford shale play in South Texas.

    Kirkpatrick to sell non-operated properties in Eagle Ford

    Jun 25, 2013

    Kirkpatrick Oil & Gas LLC has retained E-Spectrum Advisors LLC to sell its non-operated, horizontal Eagle Ford and Pearsall Shale properties in La Salle and Frio counties, Texas. The properties provide exposure to one of the premier oil resource plays in the US.

    Chesapeake, foreign partners set for big US shale spend in 2013

    Jun 17, 2013

    Analyzing Evaluate Energy’s recently released 2013 capital expenditure and average well cost data for the major US shale plays, it becomes clear that foreign companies will have a huge influence on how the industry develops over the coming year.

    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

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