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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

    Marcellus

    Marcellus Shale ImageThe Marcellus shale play runs through northern Appalachia, primarily in Pennsylvania, West Virginia, New York, and Ohio. It is part of the Devonian black shale and the thickness of the gas-producing rock is as much as 900 feet. The formation runs an estimated 600 miles north to south, and is estimated to hold as much as 500 trillion cubic feet of natural gas, about 50 tcf of which is recoverable using current technology. It is one of the richest gas fields in North America.

    The proximity to customers in Eastern urban centers is what makes the Marcellus so desirable. Fort Worth-based Range Resources was one of the early players in the Marcellus and still has a huge position in the play. Norway’s Statoil has signed a joint venture with Chesapeake Energy to work together in the Marcellus, and other US and foreign companies also are involved in drilling and infrastructure development.

    Marcellus

    Marcellus Shale News

    Unimin begins unit train service to Marcellus region

    Jun 16, 2015

    Unimin Energy Solutions has made the first delivery of frac sands by unit train to its Jerry Run, West Virginia, terminal. Unimin, with partners CSX Railroad and Process Transload, operate a transload and storage facility in the southern Marcellus region.

    Eclipse Resources begins $650 million offering of senior notes

    Jun 12, 2015

    Eclipse Resources Corp. intends to offer $650 million in aggregate principal amount of senior unsecured notes due 2023 in a private placement to eligible purchasers under Rule 144A and Regulation S of the Securities Act of 1933, as amended.

    American Energy Appalachia Holdings changes name to Ascent Resources

    Jun 10, 2015

    American Energy Appalachia Holdings LLC is changing its name to Ascent Resources LLC and is transitioning to a stand-alone operating company, fully independent of the broader American Energy Partners LP platform, a process that has been contemplated since the company's founding in September 2013 and that it expects to complete by year’s end. 

    ETP purchases pipeline system from EdgeMarc Energy

    Jun 9, 2015

    Energy Transfer Partners LP has provided further details on its previously announced Revolution Project that will increase its operations in the growing Marcellus and Upper Devonian production areas of Western Pennsylvania. ETP has entered into long-term gas gathering, processing, and fractionation agreements with EdgeMarc Energy.

    Capstone secures order for 25 microturbines as US markets begin to strengthen in shale plays

    Jun 3, 2015

    Capstone Turbine Corp. has received an order for 25 C65 microturbines to fulfill the continual expansion of existing oil and gas customer fleets in shale plays across the western US, which Capstone considers a clear market indicator that shale gas producers are continuing to focus on increasing efficiency while lowering their operating costs despite the low energy prices.  

    WPX Energy completes $200 million asset sale

    May 28, 2015

    WPX Energy has completed its third divestiture of the year, closing the sale of a package of Marcellus shale marketing contracts and the release of certain related firm transportation capacity to an undisclosed buyer.

    Caiman Energy and Blue Racer Midstream appoint new CEO and CFO

    May 21, 2015

    Stephen Arata has been named CEO of both Caiman Energy II LLC and Blue Racer Midstream LLC, following Jack Lafield’s resignation as CEO of both companies. Lafield will continue to serve as chairman of Caiman Energy II and remains a member of Blue Racer’s board of directors.

    DW comments on US oilfield services rebalancing act

    May 18, 2015

    In Douglas-Westwood’s May 18 DW Monday, the company discusses its expectations for the oilfield services market.

    UGI to build LNG plant in Marcellus shale play

    May 15, 2015

    UGI Energy Services LLC, a wholly owned subsidiary of UGI Corp., plans to build a liquefied natural gas (LNG) production facility in northern Pennsylvania that will utilize Marcellus shale gas.

    Eureka Hunter

    May 6, 2015

    Increasing optionality in the Marcellus, Utica shales

    WPX Energy continues to monetize Marcellus shale holdings

    May 4, 2015

    WPX Energy has signed an agreement to sell a package of Marcellus shale marketing contracts and to release certain related firm transportation capacity to an undisclosed buyer for in excess of $200 million cash.

    Hammond joins Babst Calland’s energy and business services practices

    Apr 24, 2015

    The law firm of Babst Calland has added corporate attorney Jay Hammond as a shareholder in the firm’s Energy and Natural Resources Group and Business Services Group.

    Pepper Hamilton hires O&G litigation partner and associates

    Apr 23, 2015

    Michael G. Connelly has joined Pepper Hamilton LLP’s Pittsburgh, Pennsylvania, office as a partner in the Commercial Litigation Practice Group. Connelly is joined by two associates, Kevin M. Eddy and Victoria D. Summerfield.

    Jacoby to manage APEG’s shale-related economic development

    Apr 21, 2015

    Mike Jacoby has joined the Appalachian Partnership for Economic Growth to direct economic development related to Ohio’s shale play. The new position was funded by JobsOhio in recognition of the current and future opportunities for attracting new industries and jobs related to the state’s Marcellus and Utica shale resources.

    EXCO Resources appoints Jameson as COO

    Apr 19, 2015

    EXCO Resources Inc. has appointed Harold H. Jameson as EXCO’s COO, effective April 17. Jameson most recently served as EXCO’s vice president of development and production with primary responsibilities including EXCO’s horizontal shale development drilling programs in the Haynesville, Eagle Ford, and Marcellus assets.

    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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