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 Barnett, Haynesville, Marcellus, Eagle Ford, Fayetteville, Woodford, Bakken, Niobrara, 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

Niobrara

Niobrara Shale Description ImageThe Niobrara shale formation is situated in northeastern Colorado and parts of adjacent Wyoming, Nebraska, and Kansas. Primarily an oil play, it is in the Denver-Julesburg Basin, which has long been a major oil and gas province. An emerging play, the Niobrara is in its early stages and companies have been busy leasing land for future drilling. It has been compared by some to the Bakken shale formation farther to the north.

Samson Oil & Gas is one of the earliest companies to establish a position in the Niobrara, which some call the “NeoBakken.” Other operators include EOG Resources, Anadarko Petroleum, SM Energy, Noble Energy, Chesapeake Energy, Whiting Petroleum, Quicksilver Resources, MDU Resources, and Bill Barrett Corp. Chesapeake and EOG each have about 400,000 net acres in the Niobrara.

Niobrara Shale Map

Niobrara Shale News

EE3 completes record Niobrara well in North Park Basin

Oct 15, 2013

EE3 LLC, an independent oil and gas exploration and production company headquartered in Boulder, Colorado, has noted the highest reported 24-hour initial production rate of a horizontal Niobrara well drilled in the North Park Basin.

Synergy Resources continues mini Wattenberg Field land grab

Sep 18, 2013

Inergy, Enserco form crude oil rail terminal JV in Niobrara

Sep 4, 2013

Inergy Midstream LP (NYSE:NRGM) and Enserco Midstream LLC have formed a joint venture to own and operate a crude oil rail terminal located in Douglas County, Wyoming.

Bridger ranked as fourth fastest-growing private company

Aug 22, 2013

Bridger LLC has been ranked by Inc. Magazine as the fourth fastest-growing private company in its 2013 Inc. 500 List. Bridger has grown over 26,000 percent in a three-year period and has the highest revenue of any company on the Inc. 500 List.

Meritage Midstream acquires Thunder Creek Gas Services from Devon, PVR Partners

Aug 22, 2013

Meritage Midstream Services II LLC has acquired 100% ownership of Thunder Creek Gas Services LLC from Devon Energy Corp. (NYSE: DVN) and PVR Partners LP (NYSE: PVR). 

Summit Midstream Partners name new board member

Aug 15, 2013

Summit Midstream Partners LP has appointed Robert Wohleber to the board of directors of SMLP's general partner. Wohleber was appointed to the board on August 5, and will serve as a member of the board's conflicts committee, compensation committee and audit committee.

SM Energy presses ahead in Powder River Basin with addition of 30K acres

Aug 13, 2013

SM Energy Co. (NYSE: SM) increased its footprint in the Powder River Basin by an additional 30,000 acres, the company said August 12. The acreage, acquired in Q313, brings the Denver, CO-based oil and natural gas company’s total Powder River Basin acreage to roughly 140,000 net acres.

 

Companies evaluating Niobrara's potential

Aug 5, 2013

The Niobrara formation, sometimes called the Niobrara Chalk, has emerged as the second-hottest liquids-rich play in the Rockies after the Bakken shale.

Crestwood Midstream Partners completes Niobrara JV acquisition

Jul 23, 2013

Crestwood Midstream Partners LP and the owner of its general partner, Inergy LP have announced that Crestwood's subsidiary, Crestwood Niobrara LLC has completed the acquisition of a 50% interest in Jackalope Gas Gathering Services LLC from RKI Exploration & Production LLC for a total cash consideration of $107.5 million.   

Bridger partners with Riverstone Holdings

Jul 4, 2013

Bridger LLC, formerly Bridger Group LLC, a crude oil marketing and midstream logistics company based in Dallas, Texas, has partnered with Riverstone Holdings LLC, an energy- and power-focused private equity firm. The companies have jointly committed to invest up to $300 million to further fuel Bridger’s growth strategy.

Whiting sells Oklahoma assets to Breitburn for $860M

Jun 25, 2013

Los Angeles, CA-based upstream oil and gas partnership BreitBurn Energy Partners LP (BBEP) has agreed to purchase interests in the Postle and North East Hardesty oil fields, along with associated midstream assets, from Whiting Oil and Gas Corp., a wholly-owned subsidiary of Whiting Petroleum Corp., for approximately $860 million.

Crestwood Midstream to acquire interest in Niobrara Shale Gas Gathering and Processing JV

Jun 24, 2013

Crestwood Midstream Partners LP (NYSE: CMLP) subsidiary, Crestwood Niobrara LLC, has entered into an agreement to acquire a 50% interest in Jackalope Gas Gathering Services LLC from RKI Exploration & Production LLC for approximately $108 million.

Financial discipline and efficiencies set WPX Energy apart from its peers

May 1, 2013

AN INTERVIEW WITH RALPH A. HILL, PRESIDENT AND CEO OF WPX ENERGY

Synergy Resources files $250M shelf

Feb 19, 2013

Domestic oil and natural gas exploration and production company Synergy Resources Corp. (NYSE Mkt: SYRG) filed a mixed shelf for common stock, preferred stock, convertible preferred stock, rights and warrants for an initial price offering not to exceed $250 million.

Pacific Energy Development releases initial production rate of Niobrara well

Feb 12, 2013

PEDEVCO Corp., d/b/a Pacific Energy Development, has released test results from its second horizontal well, the Waves 1H well, located in Weld County, Colorado, prospective for the Niobrara formation.

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