• 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

    Summit Midstream COO plans to depart in September

    Aug 26, 2015

    Summit Midstream Partners LP’s COO, Rene Casadaban, plans to leave the company to pursue other interests. He will continue his employment with the company until Sept. 30 to help transition his duties.

    RSP Permian completes bolt-on Midland Basin acquisitions and increases borrowing base

    Aug 26, 2015

    RSP Permian Inc. has closed its bolt-on acquisitions in the company's existing core operating areas in the Midland Basin for an aggregate purchase price of $274 million in cash. 

    Oil production grows in Bakken and Eagle Ford

    Aug 21, 2015

    Oil production from key shale formations in North Dakota and Texas increased slightly in July from June, according to Bentek Energy, an analytics and forecasting unit of Platts.

    JOGMEC, Inpex begin study on technology for shale gas project in Canada

    Aug 20, 2015

    Japan Oil, Gas and Metals National Corp. (JOGMEC) and Inpex Corp. have begun a joint study on technology relating to shale gas development in the Horn River, Liard, and Cordova areas in the province of British Columbia, Canada, with Inpex Gas British Columbia Ltd. (IGBC, a subsidiary of Inpex) and Nexen Energy ULC (Nexen), a wholly owned subsidiary of CNOOC Ltd.

    Southcross Energy Partners and Southcross Holdings secure new equity commitment

    Aug 20, 2015

    Southcross Energy Partners LP and Southcross Holdings LP have secured a new $175 million equity commitment and have provided additional detail into distribution coverage and future drop-down plans.

    Antero to build advanced wastewater treatment complex

    Aug 20, 2015

    Antero Resources Corp. has signed an agreement with Veolia Water Technologies Inc. and Veolia North America to design and build an advanced wastewater treatment complex in Doddridge County, West Virginia.

    Shale technology – the new ‘swing’ producer setting global oil prices?

    Aug 19, 2015

    The emergence of shale technology, particularly in the US, is dramatically challenging the conventional rules of the global oil markets, says Olivier Appert, president of the World Energy Council French Committee. Shale could become be the new “swing” producer in setting the price of oil on global markets. 

    WPX completes acquisition of Permian producer

    Aug 18, 2015

    WPX Energy has closed its purchase of RKI Exploration & Production LLC, providing WPX with a presence in the core of the Permian’s Delaware Basin.

    Monadnock receives $100M equity commitment from Kayne Anderson

    Aug 18, 2015

    Monadnock Resources LLC has received a $100 million equity commitment from Kayne Anderson Energy Funds and members of the management team. Monadnock is being formed to target the acquisition and development of oil and natural gas assets in North America.

    Gulf Coast Western forms new subsidiary

    Aug 18, 2015

    Gulf Coast Western LLC, headquartered in Dallas, Texas, has formed a subsidiary, Gulf Coast Western Energy Services, to provide a full suite of well completion and operational safety services to the oil and gas industry.

    Moody’s revises global midstream energy outlook to stable

    Aug 17, 2015

    Moody’s Investors Service has changed its outlook for the global midstream energy industry to stable from positive on slowing EBITDA growth in 2015–2016.

    IOG Capital closes $185M in development commitments in resource plays

    Aug 13, 2015

    IOG Capital LP has closed three separate development capital commitments that total $185 million in the last 60 days.

    MarkWest, EMG expand Utica dry gas gathering capabilities

    Aug 13, 2015

    MarkWest Energy Partners LP and the Energy & Minerals Group have developed a new, large-scale dry gas gathering system to expand the parties’ midstream position in the Utica shale play. The system will be underpinned by a long-term, fee-based contract with Ascent Resources – Utica LLC, a subsidiary of Ascent Resources LLC.

    North America leading rise in global LNG liquefaction capacity growth by 2019

    Aug 13, 2015

    Global liquefied natural gas (LNG) capacity would more than double from 341 million tonnes per annum (MMtpa) in 2015 to 811 MMtpa by 2019 based on proposed natural gas liquefaction projects, according to GlobalData.

    KMI begins transporting Powder River barrels via new pipeline connection

    Aug 11, 2015

    Kinder Morgan Inc. has begun to receive Powder River Basin volumes into its Double H pipeline system via a new connection near Douglas, Wyoming, for crude oil deliveries to Guernsey, Wyoming, increasing its system capacity to approximately 99,000 barrels per day.

    Tall Oak Midstream secures acreage dedication in Oklahoma’s STACK play

    Aug 10, 2015

    Tall Oak Midstream LLC has secured a long-term, fee-based natural gas gathering and processing agreement with a large acreage holder/natural gas producer in the US Mid-Continent’s STACK play.

    Sundance closes on acquisition of NSE’s US and Cooper Basin assets

    Aug 10, 2015

    Sundance Energy Australia Ltd. has closed its acquisition of New Standard Energy Ltd.’s US and Cooper Basin assets.

    Azure makes $83 million drop-down transaction to Azure Midstream Partners

    Aug 7, 2015

    Azure Midstream Energy LLC, a midstream natural gas gathering and processing company based in Dallas, Texas, and the 100% owner of the general partner of Azure Midstream Partners LP, has confirmed the contribution of the equity interests of Azure ETG LLC.

    Fitch: Rig-linked US shale production decline of 7% possible in second-half 2015

    Aug 7, 2015

    The nearly 55% drop in US Lower 48 rig counts during the first half of 2015 is forecast to contribute to a second-half 2015 production decline of roughly 7% in tight oil and shale gas regions at June operating and activity levels, according to Fitch Ratings.

    ExxonMobil signs two agreements to increase position in Permian Basin

    Aug 6, 2015

    Exxon Mobil Corp. has executed two agreements to obtain horizontal development rights in 48,000 acres in the core of the Midland Basin.

    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