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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

    More Unconventional News

    Fitch: Gas supply near 5-year avg., but less shale drilling a concern

    Nov 26, 2014

    Natural gas storage has largely recovered from the inventory depletions that followed la(t year's polar vortex winter despite the recent burst of cold weather in the US and related drawdown in gas inventories (-17 billion cubic feet), according to Fitch Ratings.

    Foxcode closes $210M bond issuance for US Shale Solutions

    Nov 25, 2014

    Foxcode Inc., a merchant banking firm, has closed a $210 million bond issuance of three-year senior secured notes to form US Shale Solutions Inc. 

    AEPB closes notes offering, acquisition

    Nov 25, 2014

    American Energy – Permian Basin LLC (AEPB), an affiliate of American Energy Partners LP, reports the initial closing of an offering by its immediate parent, American Energy Permian Holdings LLC, of $515 million of 8.0% exchangeable junior subordinated notes due 2022, the net proceeds of which are being contributed to AEPB in exchange for preferred units. 

    PAA to expand Cactus Pipeline takeaway capacity

    Nov 25, 2014

    Plains All American Pipeline LP plans to provide additional pumps to increase the takeaway capacity of the Cactus Pipeline in response to higher regional production forecasts and shipper demand.

    Most Canadian E&Ps can deal with low oil prices for now

    Nov 24, 2014

    In the past few years, strong exploration and production activity has continued as technological advances in horizontal drilling and hydraulic fracturing has led production from unconventional resources to generate high returns. With all this activity has come elevated operations spending, which high oil prices had been able to sustain. But Standard & Poor's Ratings Services says there are problems on the horizon.

    UGI begins service on two Marcellus projects

    Nov 24, 2014

    UGI Energy Services LLC, the midstream and energy marketing subsidiary of UGI Corp., has completed two midstream projects.

    Phillips 66 Partners and Paradigm form midstream logistics JVs

    Nov 24, 2014

    Phillips 66 Partners LP and Paradigm Energy Partners LLC have executed agreements to form two joint ventures to develop midstream logistics infrastructure in North Dakota. Consisting of two previously announced projects, the Sacagawea Pipeline and Palermo Rail Terminal, the joint ventures are designed to enhance logistical options for crude oil transportation in the Bakken region.

    Southcross acquires Eagle Ford pipeline system

    Nov 24, 2014

    Southcross Energy Partners LP has completed the acquisition of a natural gas gathering system in McMullen County, Texas.

    NGL acquires Bakken water disposal facilities

    Nov 24, 2014

    NGL Energy Partners LP has acquired two saltwater disposal facilities from WaterWorks Corral Creek LLC, and Saltwater Disposal Systems LLC for a total cost of $34.6 million in cash.

    INEOS plans to invest $1B in UK shale gas

    Nov 24, 2014

    INEOS plans to invest $1 billion in shale gas exploration and appraisal in the UK as efforts to emulate the US shale boom ramp up.

    Williams names Purgason and Bennett to new leadership roles

    Nov 24, 2014

    Williams reports that Robert Purgason and Walter Bennett each will assume a role as senior vice president of one of the company’s US operating areas, effective Jan. 1.

    Magellan extends open season for Saddlehorn Pipeline

    Nov 24, 2014

    Magellan Midstream Partners LP reports an extension of the open season for commitments on the Saddlehorn Pipeline to transport various grades of crude oil from the Niobrara play in northeast Colorado to Magellan's storage facilities in Cushing, Oklahoma. Binding commitments are now due by 5 p.m. Central Time on Dec. 15.

    Navitas updates on Eagle Ford agreement

    Nov 21, 2014

    Navitas Midstream Partners LLC has executed a long-term, fee-based agreement with an investment-grade independent producer to provide gathering and processing services in the northern Eagle Ford shale play in Brazos and Grimes counties, Texas.

    Apache sells certain non-core assets

    Nov 21, 2014

    Apache Corp. has agreed to sell non-core southern Louisiana and certain Anadarko Basin oil and gas assets for $1.4 billion in two separate transactions.

    J-W Operating Co. acquires oil and gas properties from BHP Billiton

    Nov 21, 2014

    J-W Operating Co. has acquired oil and gas properties in Northern Louisiana from BHP Billiton. The properties are located in the Elm Grove and Caspiana fields and include interests in 1,200 wellbores and associated gathering lines and compressor facilities.

    Lone Star JV to construct NGL pipeline from Permian Basin to Mont Belvieu

    Nov 18, 2014

    Energy Transfer Partners LP and Regency Energy Partners LP report that their joint venture, Lone Star NGL LLC, will construct a 533-mile, 24-inch and 30-inch natural gas liquids (NGL) pipeline from the Permian Basin to Mont Belvieu, Texas, and convert Lone Star’s existing West Texas 12-inch NGL pipeline into crude oil/condensate service.

    Magnum Oil Tools develops dissolvable frac plug

    Nov 18, 2014

    Magnum Oil Tools International has released the industry’s first dissolvable frac plug, the Magnum Vanishing Plug (MVP). The MVP dissolves with the presence of temperature at a predictable rate, allowing the opportunity to substantially reduce the risk and costs associated with well intervention.

    NCS Energy Services changes name to NCS Multistage

    Nov 18, 2014

    NCS Energy Services has changed its name to NCS Multistage. Robert Nipper, NCS Multistage CEO, said the new name reflects the company's focus.

    New Gulf Resources adds to management team

    Nov 18, 2014

    New Gulf Resources LLC has hired Craig Young as its vice president of drilling and completions. 

    Mid-Con Energy closes Eastern Shelf acquisition, increases borrowing base

    Nov 18, 2014

    Mid-Con Energy Partners LP has closed its acquisition in the Eastern Shelf of the Permian Basin for $120 million. The company has also  increased its borrowing base to $240 million, up 26% from the $190 million in previously established commitments.

    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