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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

    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.

    Mainland Resources, partner spud 3rd Haynesville Shale well

    May 15, 2009

    Mainland Resources Inc.'s Joint Venture partner and operator has started drilling on the company's third JV well to evaluate additional potential of the Haynesville Shale gas formation on Mainland's Louisiana leases.

    GMX Resources completes, tests latest Haynesville well

    May 12, 2009

    GMX Resources has completed the Verhalen "A" 2H Haynesville / Bossier horizontal well having a 4,198 foot lateral and 14 fracture treatment stages and an initial 24 hour production rate of 8.5 million cubic feet per day of gas, on a 14/64 choke and 4164 pounds of flowing casing pressure into the sales line. The first five Haynesville / Bossier wells have an average IP of greater than 8.3 MMcfd.

    Southern Star shines with third Haynesville discovery

    Apr 19, 2009

    Oil and gas exploration company Southern Star Energy Inc. has successfully drilled and logged the targeted Haynesville interval in its Boyce-Pate 16-1 Well, with positive results. The well is located in the east-central section of the company's Sentell Field in the Bossier Parish, La. section of the Haynesville Shale play. 

    Regency clinches financing for Haynesville shale pipeline project

    Feb 27, 2009

    Regency Energy Partners LP, Alinda Capital Partners LLC, and an affiliate of GE Energy Financial Services have formed a joint venture to finance and construct Regency's Haynesville Expansion Project, a North Louisiana pipeline that will transport gas from the Haynesville Shale.

    Forest Oil completes Haynesville/Bossier shale well

    Feb 11, 2009

    Forest Oil has reported results from its first horizontal Haynesville/Bossier shale well in the East Texas/North Louisiana corridor.

    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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