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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

    East Valley Industrial Park to construct Bakken unit train logistics hub

    May 1, 2015

    East Valley Industrial Park LLC has received first round funding for the East Valley Rail Terminal located east of Williston, North Dakota. Contracts have been let for mainline turnout installation and site construction, beginning this summer. Initial operations are scheduled for December.

    Enterprise to build new crude oil and condensate pipeline in Texas

    May 1, 2015

    Enterprise Products Partners LP has executed long-term agreements that support development of a new 416-mile, 24-inch-diameter pipeline to transport crude oil and condensate from the company’s Midland, Texas, terminal to its Sealy storage facility west of Houston.

    Lonestar Resources acquires Eagle Ford leasehold

    May 1, 2015

    Lonestar Resources Ltd. has reached definitive agreements to acquire leasehold associated with approximately 6,122 gross/4,047 net mineral acres in La Salle County, Texas. 

    Fitch: Energy sector tops downgrades, due to oil price drop

    Apr 30, 2015

    The energy (oil and gas) sector accounts for the most downgrades in the first quarter of 2015, at 28%, primarily driven by the drop in oil prices, according to Fitch Ratings.

    SandRidge appoints Suter as SVP of production

    Apr 24, 2015

    SandRidge Energy Inc. has appointed John Suter as senior vice president of production, effective April 27.

    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.

    Statoil awards Ferus with CO2 service contract in North Dakota

    Apr 23, 2015

    Statoil has awarded a carbon-dioxide (CO2) supply and service agreement to Denver, Colorado-based Ferus LP, which provides energized fluids (liquid CO2 and liquid nitrogen) to the North American oil and gas industry.

    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.

    Midstates Petroleum closes sale of Dequincy assets in Louisiana

    Apr 22, 2015

    Midstates Petroleum Co. Inc. has closed its sale of ownership interest in developed and undeveloped acreage in the Dequincy area located in Beauregard and Calcasieu parishes in Louisiana for $44 million to Pintail Oil and Gas LLC.

    AELP adds new executive members to team

    Apr 22, 2015

    American Energy Partners LP (AELP) has hired Scott D. Sachs as senior geoscience executive advisor, James C. Johnson as senior marketing and midstream executive, and Traci D. Cook as chief accounting officer.

    CGG acquires Taurus Reservoir Solutions

    Apr 22, 2015

    CGG’s GeoConsulting business line has acquired Taurus Reservoir Solutions Ltd., based in Calgary, Alberta, Canada.

    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.

    Enable Midstream completes Bakken crude oil gathering system

    Apr 21, 2015

    Enable Midstream Partners LP’s first crude oil and produced water gathering system in North Dakota became fully operational on April 20.

    Production in Bakken, Eagle Ford rose 1% in March

    Apr 21, 2015

    Oil production from shale formations in North Dakota and Texas increased by 17,000 barrels per day (b/d), or 1%, in March vs. February, according to Bentek Energy, an analytics and forecasting unit of Platts.

    Vanguard to acquire LRR Energy for $539 million

    Apr 21, 2015

    Vanguard Natural Resources LLC and LRR Energy LP have entered into a purchase agreement and merger plan pursuant to which a subsidiary of Vanguard will merge into LRR Energy LP. Vanguard will also acquire LRE GP LLC, the general partner of LRR Energy LP, for a total consideration of $251 million in Vanguard common units and the assumption of LRE’s net debt of $288 million.

    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.

    Matador prices public offering of common stock

    Apr 17, 2015

    Matador Resources Co. has priced an underwritten public offering of 7,000,000 shares of its common stock. Total estimated proceeds of the offering to Matador, before estimated offering expenses, are $189 million. The offering is expected to close on April 21.

    Post Oak Energy Capital commits $150 million to PetroEdge Energy IV

    Apr 16, 2015

    Post Oak Energy Capital has made a $150 million capital commitment to PetroEdge Energy IV LLC. PetroEdge’s management team will be co-investing alongside Post Oak. 

    Matador begins public offering of common stock

    Apr 16, 2015

    Matador Resources Co. has begun an underwritten public offering of 7,000,000 shares of its common stock.

    GreenHunter Resources secures $16M senior secured term loan

    Apr 15, 2015

    GreenHunter Resources Inc. has entered into an agreement for a senior secured term note financing of up to $16 million.

    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