• 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.


    Eagle Ford | Marcellus | Cline | Permian | Utica | Bakken | Woodbine & Eaglebine


    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 Shale News

    WoodMac: Marcellus expected to dominate US gas supply

    Nov 6, 2013

    Improvements in drilling efficiency and well performance continue to drive production growth in the Marcellus Shale despite falling rig counts, according to new analysis by Wood Mackenzie.

    CONSOL to sell five coal mines to help advance Marcellus growth

    Oct 29, 2013

    Looking to advance in the production of natural gas, CONSOL Energy Inc. (NYSE: CNX) will sell five of its coal mines to Murray Energy, a privately-owned coal company, in a deal valued at $3.5 billion.

    Marcellus Shale region growing faster than expected

    Oct 22, 2013

    Natural gas production from the Marcellus Shale region is growing faster than expected, according to a new federal report. Marcellus production has now reached 12 billion cubic feet a day, the Energy Information Administration report found.

    Noble Energy closes on acreage exchange in DJ Basin

    Oct 22, 2013

    Noble Energy Inc. has closed on an acreage exchange with Anadarko Petroleum Corp. in the greater Wattenberg area of northern Colorado. Each party contributed approximately 50,000 net acres to the exchange. The effective date of the transaction was Jan. 1, 2013.

    Marcellus Shale Coalition names new president

    Oct 22, 2013

    The Marcellus Shale Coalition (MSC) has named David Spigelmyer as the organization's president. Spigelmyer, with a 30-year career in the energy industry, will assume the position effective Monday.

    Natural Resource Group puts down roots in Marcellus region

    Oct 15, 2013

    Natural Resource Group (NRG), a consulting firm to the energy industry, has created a base of operation in the Marcellus shale play with the opening of a new office in Pittsburgh, Pennsylvania. 

    Regency Energy Partners acquires PVR for $5.6 B

    Oct 10, 2013

    Regency Energy Partners LP and PVR Partners LP report that their respective boards of directors have unanimously approved a definitive merger agreement, pursuant to which Regency will acquire PVR. Following the closing, the name of the combined company will remain Regency, with headquarters in Dallas, Texas.

    Noble Energy provides DJ Basin update

    Oct 8, 2013

    Noble Energy Inc. has issued a report on the impacts of the mid-September flooding in Northern Colorado on its Denver-Julesburg Basin operations.

    Vorys law firm opens Pittsburgh office

    Oct 8, 2013

    Vorys, Sater, Seymour and Pease LLP is strengthening its oil and gas practice by expanding into Pittsburgh and welcoming a team of oil and gas attorneys entrenched in the region's energy industry. Vorys is actively pursuing opportunities in both the Utica and Marcellus shale plays. 

    Carrizo to sell off Barnett Shale assets, focus on oil

    Sep 6, 2013

    Carrizo Oil & Gas has agreed to sell off horizontal drilling assets in the Barnett Shale, East Texas and the Marcellus Shale for $268 million in order to repay debt and redeploy capital into its Eagle Ford operations. An affiliate of EnerVest Ltd. has reportedly snapped up the Barnett Shale assets, but Carrizo did not disclose the buyers of either the Marcellus Shale assets or the East Texas assets.

    Fagen acquires Pennsylvania site to better serve clients

    Sep 6, 2013

    Fagen Inc. is set to take possession of a multi-acre site in Houston, Pennsylvania, to provide equipment storage, tool storage and materials management for current and future projects in the buildout of the Utica/Appalachian Basin and Marcellus fields.

    PVR Partners to provide services for Hess in Utica shale

    Sep 4, 2013

    PVR Partners LP has entered into a definitive agreement with Hess Corp. to construct, own and operate a 45-mile natural gas trunkline and associated gathering pipelines and facilities servicing Hess's lean gas production in the Utica shale play in eastern Ohio.

    What will happen to the tsunami of Marcellus, Utica ethane production?

    Aug 28, 2013

    Over the next three years, the production of natural gas liquids from the Marcellus/Utica could octuple to more than 650 Mb/d. Nothing like that has ever happened in the NGL business before. It has already started. Last month MarkWest officially inaugurated the Appalachian ethane business. From 5 Mb/d today we could see 200 Mb/d by this time next year if the economics to move that much ethane made sense. But they won’t. Because there is nowhere for the additional ethane to go. Already up to 250 Mb/d of US ethane is being rejected – pushed back into natural gas in the Rockies, Midcontinent, and other regions. That number will be getting a lot bigger.  Today we will begin an examination of the ethane tsunami and what it means for NGL markets in the Northeast and in the center of the NGL universe – Mont Belvieu, TX.

    Prometheus signs LNG supply, services agreement with Antero in Marcellus, Utica

    Aug 20, 2013

    Prometheus Energy Group Inc., a supplier of liquefied natural gas (LNG) to the oil and gas, mine haul, process industry and remote power generation sectors, has signed an agreement to supply Antero Resources' LNG requirements to power a significant portion of its natural gas fueled drilling rigs in the Marcellus and Utica shales over a multi-year period.

    Pennsylvania air quality permit criteria for unconventionals

    Aug 12, 2013

    The Pennsylvania Department of Environmental Protection says that operators of unconventional gas wells will no longer be unconditionally exempt from seeking an air quality plan approval for wellsites. Plan approval authorizes the construction and temporary operation of air emissions sources.

    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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