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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

    Haynesville

    Haynesville Shale ImageThe Haynesville shale play runs through northwestern Louisiana, northeastern Texas, and the southwestern tip of Arkansas. Some industry experts believe the Haynesville shale could ultimately produce as much as 30 to 40 trillion cubic feet of natural gas and will outproduce the Barnett shale in less than five years. The reason is the formation is very deep and very thick. The depth and high pressures make drilling expensive, but the payout is believed to be worth the cost.

    Chesapeake Energy is the major leaseholder and producer in the Haynesville, but several smaller operators, including Houston-based Petrohawk Energy, have acquired significant positions and are increasing production quickly. The Cotton Valley tight gas formation is located just above the Haynesville shale and is also a major target for companies operating in this area.

    Haynesville

    Haynesville Shale News

    GlobaLogix opens PA operations to service Marcellus producers

    Jul 1, 2010

    GlobaLogix Inc., a Houston-based field automation and data services company, has opened an operations center in Canonsburg, Pennsylvania, to focus on providing support to oil and gas producers operating within the Marcellus shale.

    EXCO closes on Haynesville, Bossier shale properties from Southwestern

    Jun 30, 2010

    EXCO Resources Inc. has closed the purchase jointly with BG Group, plc of properties in the Haynesville and Bossier shale plays from Southwestern Energy Co.

    EXCO acquires Haynesville, Bossier Shale assets from Southwestern for $355M

    Jun 17, 2010

    Oil and natural gas company EXCO Resources Inc. has agreed to purchase certain Haynesville and Bossier shales properties from Southwestern Energy Co. for $355 million.

    GlobaLogix expands to support Haynesville project work

    May 19, 2010

    GlobaLogix Inc., a Houston-based oilfield automation company, has opened an operations center in Carthage, TX to support activity in the Haynesville shale area.

    Petrohawk shifts focus away from Fayetteville in 2010

    May 6, 2010

    Analysis: Goodrich Petroleum acquires Eagle Ford, Haynesville acreage

    Apr 14, 2010

    Goodrich Petroleum Corp. has agreed to purchase leasehold in both the Eagle Ford and Haynesville shale plays. Jefferies & Co. shares thoughts on the deals.

    Mainland Resources reappoints CFO after Witt resigns

    Mar 31, 2010

    Junior oil and gas exploration and development company Mainland Resources Inc. has reappointed William D. Thomas as CFO/treasurer after the resignation of Mark N. Witt.

    Devon to sell all GoM, international assets; claims highest rate Haynesville shale well

    Dec 1, 2009

    Comstock completes Haynesville wells, prices $300M of senior notes

    Oct 7, 2009

    Comstock Resources Inc. has provided an update on Haynesville shale wells and priced a public offering of senior notes.

    American Exploration enters Haynesville

    Aug 21, 2009

    American Exploration Corp. intends to acquire 5,000 net acres in Jefferson County, Miss. to drill and evaluate the potential Haynesville Shale gas formation in the region.

    Chesapeake Energy amends Haynesville joint venture

    Aug 6, 2009

    Select Energy acquires service companies; adds to Haynesville capabilities

    Aug 5, 2009

    Select Energy Services has recently acquired two oil and gas service companies.

    Goodrich Petroleum completes 3rd Haynesville shale well in East Texas

    Jul 16, 2009

    Goodrich Petroleum Corp. has announced results on four additional Haynesville Shale wells.

    CGGVeritas surveys heart of Haynesville Shale

    Jul 8, 2009

    CGGVeritas has begun acquiring the Tri-Parish Line 3D multi-client survey in northern Louisiana. The 677-square mile wide-azimuth survey is the largest contiguous Haynesville shale survey to date.

    Goodrich Petroleum tests three Haynesville wells

    May 19, 2009

    Houston-based independent oil and gas company Goodrich Petroleum Corp. has results on three Haynesville Shale wells.

    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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