• 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

    More Unconventional News

    Alta Mesa Holdings closes sale of Alta Mesa Eagle

    Oct 2, 2015

    Alta Mesa Holdings LP has closed the sale of its subsidiary Alta Mesa Eagle LLC, which owns certain oil and gas producing properties in the Eagle Ford shale area and other assets, to EnerVest Ltd. and its affiliates.

    PDC Energy extends maturity of revolving credit facility

    Oct 2, 2015

    PDC Energy Inc. has extended the maturity of its revolving credit facility by two years to May 2020. The borrowing base has been reaffirmed at $700 million of which the company has elected to keep its commitment level at $450 million.

    FBS Properties completes acquisition of oil and gas companies

    Sep 30, 2015

    FBS Properties Inc., founded by investor Fred Schneiderman, has concluded the acquisition of 100% of Warwick Oil & Gas Inc., Warwick Oil & Gas Inc., and Reserve Royalty Corp. The acquired companies have oil and gas interests in more than 20 counties and parishes in Texas, Arkansas, and Louisiana.

    Sanchez Energy enhances liquidity with $345M midstream asset sale

    Sep 29, 2015

    Sanchez Energy Corp. has executed an agreement with Sanchez Production Partners LP (SPP) pursuant to which the company will divest, and SPP will acquire and operate, certain pipeline, gathering, and compression assets located on the Western part of its Catarina asset in the Eagle Ford shale play in South Texas, for cash consideration of $345 million.

    DW offers a US perspective on production decline

    Sep 29, 2015

    Douglas-Westwood’s DW Monday report for Sept. 28 comments on the effects of oil prices on drilling and production levels in the US.

    Approach Resources confirms reaffirmation of lender commitments in credit facility at $450M

    Sep 28, 2015

    Approach Resources Inc. has completed the scheduled semiannual borrowing base redetermination of its revolving credit facility, and as a result, the bank group has set the lender commitment amount and borrowing base at $450 million.

    Forestar provides update on new CEO, promotions, and board retirements

    Sep 28, 2015

    Forestar Group Inc. has appointed Phillip J. Weber, chairman of the company’s Real Estate Investment Committee and formerly executive vice president – Water Resources, as CEO, following James M. DeCosmo, president and CEO, stepping down on Sept. 25.

    S&P revises its crude oil and natural gas price assumptions

    Sep 24, 2015

    Standard & Poor's Ratings Services has revised its price assumptions for Brent and West Texas Intermediate crude oil as well as for Henry Hub natural gas, according to a report published today on RatingsDirect.

    GlobalData: Gas processing capacity expansion continues, led by US and Middle East

    Sep 24, 2015

    Global gas processing capacity is projected to increase from approximately 458 billion cubic feet per day (bcf/d) in 2015 to almost 516 bcf/d by 2019, driven by a full slate of projects in the Middle East, North America, and Asia, according to research and consulting firm GlobalData.

    Enterprise begins service on Rancho II pipeline

    Sep 22, 2015

    Enterprise Products Partners LP has begun service on its Rancho II pipeline between Sealy, Texas, and the partnership’s ECHO terminal in southeast Houston.

    Silixa partners with WellDog for fiber optic installations

    Sep 21, 2015

    Silixa, which provides distributed acoustic and temperature monitoring technology, has entered into a strategic partnership with WellDog, an energy-focused technical services company, for fiber optic installation work in North America and Australia. The agreement will focus on covering new installations in the unconventional sector.

    Antero Midstream to acquire water business from Antero Resources

    Sep 21, 2015

    Antero Resources Corp. has entered into a definitive agreement for Antero Midstream Partners LP to acquire Antero Resources' integrated water business for an aggregate $1.05 billion in a combination of cash, assumed debt, and Antero Midstream common units.

    Kinder Morgan extends UMTP Pipeline binding open season

    Sep 16, 2015

    Kinder Morgan Inc. is extending its current binding open season to Dec. 15. to review shipper comments and interest received to date, as well as to continue to seek commitments for the proposed Utica Marcellus Texas Pipeline (UMTP) project.

    Binding open season begins for Mariner East 2 Expansion Project

    Sep 14, 2015

    Sunoco Logistics Partners LP has begun a binding open season for its Mariner East 2 Expansion Project for expanded capacity on the system which will be able to transport additional volumes of petroleum products, including natural gas liquids and condensate from processing facilities built in the Marcellus and Utica shale areas to Sunoco Logistics’ Marcus Hook Industrial Complex on the Delaware River.

    US gas play developments

    Sep 11, 2015

    US gas prices must reflect the cost of production

    Magnum appoints new COO; receives NYSE notification

    Sep 11, 2015

    Magnum Hunter Resources Corp. has appointed Keith Yankowsky as executive vice president and COO. Also, on Aug. 31, the New York Stock Exchange notified Magnum that it is no longer in compliance with the NYSE's continued listing standards for the company's common stock, as the average closing price of the company's common stock has fallen below the NYSE's per share price requirements.


    Sep 11, 2015

    Element III receives $200M commitment from ArcLight and management team

    Sep 10, 2015

    ArcLight Energy Partners Fund VI LP, a private equity fund managed by ArcLight Capital Partners LLC, alongside the Element Petroleum LP management team have agreed to form Element Petroleum III LLC (Element III) with a $200 million aggregate equity commitment.

    Russia will not curb oil production

    Sep 10, 2015

    The Organization of Petroleum Exporting Countries and its top oil producer, Saudi Arabia, have given indications recently that the cartel may decide to decrease its oil output in the wake of continuing low prices for crude. On the other hand, Russia, another of the world’s largest oil producers, has stated categorically that it will not cut production.

    Goodrich closes Eagle Ford transaction

    Sep 9, 2015

    Goodrich Petroleum Corp. has closed its divestiture of the company's reserves and associated leasehold in the Eagle Ford shale play in LaSalle and Frio counties, Texas.

    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