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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 Barnett, Haynesville, Marcellus, Eagle Ford, Fayetteville, Woodford, Bakken, Niobrara, 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

    Fayetteville

    Fayetteville Shale ImageWhen one thinks of the Fayetteville shale, one company name comes to mind immediately – Southwestern Energy. Houston-based Southwestern was the earliest entrant in the Fayetteville shale play and today still has nearly three times the natural gas production of its nearest competitor in the formation. The Fayetteville shale is located on the Arkansas side of the Arkoma Basin and cuts a swath through the north-central part of the state east to the Mississippi River.

    Experts believe the Fayetteville shale could hold up to 20 trillion cubic feet of natural gas. Oklahoma City-based Chesapeake Energy is the second-largest lease holder in the Fayetteville shale play, followed by Petrohawk Operating Co. and XTO Energy, which was recently acquired by Exxon Mobil Corp. Southwestern has sold some of its Fayetteville assets to XTO.

    Fayetteville Shale Map

    Fayetteville Shale News

    Exterran Partners to acquire assets from MidCon Compression

    Jul 14, 2014

    Exterran Partners LP and Exterran Holdings Inc. report that Exterran Partners has entered into an agreement to acquire natural gas compression assets from MidCon Compression LLC, a subsidiary of Chesapeake Energy Corp., for $135 million.

    A past remembered

    Mar 13, 2014

    Fayetteville inventory update

    Jan 20, 2014

    The Fayetteville shale is located on the Arkansas side of the Arkoma Basin and cuts a swath through the north-central part of the state east to the Mississippi River.

    Baker Hughes reports on 3Q 2013 well count

    Oct 14, 2013

    Baker Hughes Inc. (NYSE:BHI) reports that the US onshore well count for the third quarter of 2013 is 9,175 wells; up 164 wells or 2% from the revised 9,011 wells counted in the second quarter of 2013. 

    Shale termed 'near-term growth engine'

    Sep 18, 2013

    New top executive says BHP Billiton's deepwater projects will also expand as the company focuses on offshore as well as shale

    SWN Restoring Archey Fork

    Aug 5, 2013

    A groundbreaking ceremony was held June 28 in Clinton, Arkansas, marking the beginning of the Archey Fork restoration project led by The Nature Conservancy of Arkansas (TNC) whose mission is to conserve and restore the lands and waters of Arkansas for the benefit of people in the Fayetteville Shale area and beyond.

    Purestream deploys water-treatment system in shale play

    Jul 11, 2013

    Purestream Services has deployed its AVARA brand vapor recompression commercial water-treatment system for an Arkansas Fayetteville Shale gas producer in White County, Arkansas. 

    Crestwood Midstream completes acquisition of midstream assets in Fayetteville Shale, Granite Wash

    Apr 4, 2011

    Crestwood Midstream Partners LP has completed the previously announced acquisition of midstream assets in the Fayetteville Shale and the Granite Wash plays from Tulsa, Oklahoma-based Frontier Gas Services LLC for approximately $338 million cash paid at closing.

    Chesapeake sells Fayetteville Shale assets to BHP Billiton for $4.75 billion

    Feb 21, 2011

    Oklahoma City-based Chesapeake Energy Corporation said Feb. 21 it will sell all of the company’s interests in about 487,000 net acres of leasehold and producing natural gas properties in the Fayetteville Shale play in central Arkansas to BHP Billiton Petroleum, a wholly owned subsidiary of BHP Billiton Limited, for $4.75 billion in cash.

    Gas directed shale rig counts down 16 for the month

    Jan 11, 2011

    Gas directed rig counts for the shale plays are down both this week and for the month, according to a January 11 research note by Jefferies & Co. Inc. citing Smith.

    Petrohawk sells Fayetteville Shale interests for $650M

    Dec 23, 2010

    Houston-based Petrohawk Energy Corp. said Dec. 23 it has completed the sale of its natural gas assets in the Fayetteville Shale, located primarily in Cleburne and Van Buren Counties, Arkansas, to XTO Energy Inc., a subsidiary of ExxonMobil, for $575 million.

    Southwestern places 106 operated wells in Fayetteville shale in 1Q10

    Jun 16, 2010

    Southwestern Energy Co., the first company to drill and produce natural gas from the Fayetteville shale and the largest gas producer in the play (gross operated production of nearly 1,330 MMcf/d as of April 25, 2010), placed a total of 106 operated horizontal wells on production in the play, in the first quarter of 2010.

    Chesapeake increases Fayetteville shale year-over-year production by 70%

    May 25, 2010

    Chesapeake Energy Corp., the second-largest leasehold owner in the core area of the Fayetteville shale with 465,000 net acres, increased its average daily net production in the play by 10% over the fourth quarter of 2009 and by nearly 70% over the first quarter 2009.

    Petrohawk shifts focus away from Fayetteville in 2010

    May 6, 2010

    Frontier acquires gas gathering systems in Fayetteville

    Feb 3, 2010

    Tulsa, Okla.-based Frontier Gas Services LLC has acquired two gas gathering systems located in the Fayetteville Shale in Faulkner and Conway Counties, Arkansas.

    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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