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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

    Granite Wash Shale Map

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    Granite Wash Shale News

    LINN Energy reports $2.3 billion of asset sales

    LINN Energy LLC and LinnCo LLC report that LINN has signed a definitive agreement to sell its entire position in the Granite Wash and Cleveland pla...

    Newfield Exploration closes sale of Granite Wash assets

    Newfield Exploration Co. has closed on the sale of its Granite Wash assets. As previously announced, the purchase price was $588 million (after-tax...

    LINN Energy to sell assets in Texas Panhandle and western Oklahoma

    LINN Energy LLC has hired banks to sell its oil production assets in the Texas Panhandle and western Oklahoma in an auction that could raise as muc...

    Newfield to sell Granite Wash assets for $588M

    Newfield Exploration Co. reports the signing of a $588 million purchase and sale agreement for its Granite Wash assets to Templar Energy LLC (opera...

    Baker Hughes gives second-quarter well count

    Baker Hughes Inc. reports that the US onshore well count for the second quarter of 2014 was 9,394 wells, up 428 wells or 5% compared to the first q...

    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