• 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

    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


    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.

    Upstream News

    Feb 1, 2013

    WPX Energy makes natural gas discovery in Niobrara formation

    Jan 23, 2013

    Tulsa, OK-based oil and gas exploration and production company WPX Energy said January 22 that a recent Niobrara gas discovery in western Colorado has the potential more than double the company’s current 18 trillion cubic feet equivalent of 3P reserves.

    Emerald Oil to sell Sand Wash Basin leases

    Jan 8, 2013

    Denver, CO-based Emerald Oil Inc. has executed an agreement to sell its interests in approximately 30,902 net mineral acres in the Sand Wash Basin to a private oil and gas company for approximately $10 million cash at $325 per acre.

    Quicksilver Resources, Shell close Niobrara Sand Wash Basin deal

    Jan 3, 2013

    Fort Worth, TX-based oil and gas company Quicksilver Resources Inc. has closed its previously-announced Sand Wash Basin acquisition and exploration agreement with SWEPI LP, a subsidiary of Royal Dutch Shell plc.

    Emerald Oil names Veltri COO

    Dec 11, 2012

    Denver, CO-based oil exploration and production company Emerald Oil Inc. has appointed David Veltri as COO.

    Emerald Oil closes senior credit facility with Wells Fargo

    Nov 21, 2012

    Denver, CO-based independent oil and gas exploration and production company Emerald Oil Inc. has closed on a senior credit facility with Wells Fargo Bank NA.

    Eyeing the Niobrara, Recovery Energy makes executive appointments

    Nov 16, 2012

    Denver-based Recovery Energy Inc., an independent oil and gas exploration and production company with operations and assets in the Denver-Julesburg (DJ) Basin, has appointed W. Phillip Marcum to the position of chairman of the board and CEO and A. Bradley Gabbard to the position of president.

    Armada Oil enters deal with Anadarko subsidiary to develop Niobrara acreage

    Nov 10, 2012

    Armada Oil Inc., an emerging independent oil and gas company, has entered into an agreement with a wholly owned subsidiary of Anadarko Petroleum Corp., allowing Armada to broaden its flagship Niobrara project in Southern Wyoming.

    Orr Energy acquisition gives Synergy Resources bolt-on production in DJ Basin

    Oct 26, 2012

    Co-based Synergy Resources Corp., a US oil and gas exploration and production company focused on the Denver-Julesburg (D-J) Basin, has entered into a definitive agreement to purchase from Orr Energy 36 producing oil and gas wells in the Wattenberg Field of the Denver-Julesburg Basin. 

    Jefferies: Carrizo Oil & Gas Niobrara JV in line with expectations, Gulf Coast deal ‘underwhelming’

    Oct 4, 2012

    Carrizo Oil & Gas Inc. has entered into a Niobrara shale joint venture with two Delhi, India-based energy companies and has completed the sale of virtually all of its Gulf Coast assets.

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