• 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


    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

    Magellan launches open season for Niobrara pipeline to Cushing

    Sep 24, 2014

    Magellan Midstream Partners LP has launched an open season to assess customer interest to transport various grades of crude oil from the Niobrara shale to the partnership's storage facilities in Cushing, Oklahoma.

    ONEOK to construct NG processing facilities in North Dakota and Wyoming

    Sep 22, 2014

    ONEOK Partners LP plans to build a new natural gas processing facility – the Bear Creek plant – and related infrastructure in Dunn County, North Dakota, which will process natural gas produced from the Bakken shale play in the Williston Basin. The company also plans to construct a new natural gas processing facility – the Bronco plant – and related infrastructure in Campbell County, Wyoming.

    Bill Barrett signs $757M divestiture deal

    Sep 17, 2014

    In what one analyst called a game-changing event, Bill Barrett Corp. has signed agreements for $757 million in divestitures that comprised of a combination of cash, added Niobrara properties, and reduced liabilities, setting the company up as a majority oil-weighted company poised to focus its efforts on its DJ Basin assets.

    WPX forms JV with TRDC to develop Trail Ridge properties

    Aug 27, 2014

    WPX Energy has closed an agreement to jointly develop its Trail Ridge properties with TRDC LLC, a subsidiary of Houston-based G2X Energy. The Trail Ridge development is part of WPX’s position in western Colorado’s Piceance Basin Highlands. 

    Intervale Capital acquires Recapture Solutions

    Aug 19, 2014

    Intervale Capital has acquired Recapture Solutions LLC from Triten Corp. 

    Chesapeake, RKI swap Powder River Basin assets

    Jul 29, 2014

    SDOGA names Martin as executive director

    Jun 30, 2014

    The South Dakota Oil and Gas Association has named Adam Martin as executive director for the organization. 

    Lilis Energy regains NASDAQ compliance

    Jun 20, 2014

    Lilis Energy Inc. has been informed by the NASDAQ Stock Market that, based on the June 11 and 17 filings of the company's Form 10-K for the fiscal year ended December 31, 2013, and Form 10-Q for the period ended March 31, 2014, respectively, that the company complies with the periodic filing requirement of Rule 5250(c)(1).

    Armada executes agreement for third tranche of funding with Gulfstar Resources

    May 21, 2014

    Armada Oil Inc. has entered into an agreement with Gulfstar Resources LLC, a private energy investment group, for a third tranche of capital associated with its recent asset reallocation transaction.

    EIA: Five states, GOM produce over 80% of US crude oil

    Mar 31, 2014

    Five states and the Gulf of Mexico supplied more than 80%, or 6 million barrels per day, of the crude oil (including lease condensate) produced in the United States in 2013. Texas alone provided almost 35%, according to preliminary 2013 data released in EIA's March Petroleum Supply Monthly.

    Summit Midstream Partners reports $305M drop-down acquisition

    Mar 11, 2014

    Summit Midstream Partners LP reports that its wholly owned subsidiary, Grand River Gathering LLC, has agreed to acquire 100% of the equity interests in Red Rock Gathering Co. LLC from a subsidiary of Summit Midstream Partners LLC for $305 million.

    Southwestern Energy enters Niobrara play

    Mar 6, 2014

    Southwestern Energy Co., through its wholly owned subsidiary Southwestern Energy Production Co., has signed an agreement to purchase 312,000 net acres in northwest Colorado targeting crude oil, natural gas liquids, and natural gas contained in the Niobrara formation from Quicksilver Resources Inc. and SWEPI LP, a wholly owned subsidiary of Royal Dutch Shell plc for $180 million.

    Lilis Energy to convert $15.6M of outstanding debentures to equity

    Feb 3, 2014

    Lilis Energy Inc. (Nasdaq:LLEX), an oil and gas exploration and production company focused on development in the Wattenberg field and surrounding areas of the Denver-Julesburg (DJ) Basin, has reached agreement with all of the holders of its outstanding series of Convertible Debentures to convert up to all of the debentures to shares of the company's common stock.

    Lilis Energy to dedicate private placement proceeds to Wattenberg drilling

    Jan 22, 2014

    Denver-based Lilis Energy Inc. (Nasdaq:LLEX), an independent oil and gas exploration and production company focused on development in the Wattenberg filed and surrounding Denver-Julesburg (DJ) Basin, has closed on a $7.5 million financing in the form of a private placement of restricted units, with each unit consisting of one share of its common stock and one common stock purchase warrant.

    Armada Oil closes asset reallocation financing transaction

    Dec 31, 2013

    Armada Oil Inc. has closed an asset reallocation financing transaction with Gulfstar Resources LLC, a private energy investment group.

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