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

Other Unconventional

Other Unconventional Description ImageIn addition to the well-known gas shale plays like the Barnett, Haynesville, Marcellus, and Eagle Ford, and oil plays like the Bakken, there are perhaps dozens of smaller, less well-known resource plays, many of which are in the very early stages of exploration and development. Some of the plays are shale and others are tight gas or coalbed methane. Many are in the United States and Canada, but increasingly exploration and production companies are using modern drilling and production technology to develop natural gas and oil from unconventional subsurface formations in Europe and Asia. Doubtless, unconventional resources eventually will be exploited in Africa, South America, and Australia as well. What we call “unconventional” today will be considered “conventional” in time.

Other Unconventional News

Unimin opens proppant distribution center to serve Permian Basin, Cline shale

May 14, 2013

Unimin Corp. has opened its newest proppant distribution terminal in Lubbock, TX to serve hydraulic fracturing operations in the North Permian basin and northern sections of the Cline shale.

 

North American liquids production will reach 8 million bbl/d by 2020

May 1, 2013

Liquids production (oil, condensate, and natural gas liquids) from North American shale formations (includes tight oil plays) will most likely reach 8 million barrels per day by 2020, assuming current activity levels will remain constant and only minor changes will occur to the latest reported performance of wells and fleets.

Bringing oil and gas reserves to book

May 1, 2013

Ahead of the annual SPE London Conference, Alejandro Primera, senior reservoir engineer and continuing education chair for SPE London examines the uncertainties surrounding sub-surface characterization and how it impacts on an oil and gas firm's future performance.

Evolving market dynamics of global LNG

May 1, 2013

The modern global LNG industry is approaching its 50th birthday in 2014. A massive amount of new LNG capacity has been proposed — as much as 350 million (metric) tonnes per year (mtpa) — which, if all were built, would more than double current capacity (of less than 300 mtpa) by 2025.

Green energy advocates should run towards natural gas

May 1, 2013

Environmentalists have made it no secret that they aren't happy with the dramatic rise of the natural gas industry, but given the current economic climate and global market demand, there's no other form of energy they should be more excited about.

US natural gas prices reach two-year high

Apr 23, 2013

Cutbacks in US natural gas drilling and production and higher North American demand combined to decrease storage levels and raise prices above $4/mmbtu in the first quarter of 2013, according to Ernst & Young Oil & Gas Center’s quarterly analysis.

Plains All American to build pipeline for Permian crude oil takeaway

Apr 16, 2013

Plains All American Pipeline LP (NYSE: PAA) is constructing the Cactus Pipeline, a new 310-mile, 20-inch crude oil pipeline from McCamey to Gardendale, Texas.

Poll: Support for hydraulic fracturing exceeds opposition

Apr 11, 2013

A recent University of Texas poll asked respondents what they thought about a variety of energy issues, not the least of which was hydraulic fracturing. Interestingly, the poll actually shows how anti-energy activists are losing in their misinformation campaign against responsible shale development.

Court holds that BLM violated NEPA

Apr 9, 2013

A US District Court in Northern California has held that the US Bureau of Land Management violated the National Environmental Policy Act in its environmental assessment of federal leases in California by unreasonably relying on an earlier single-well development scenario that failed to adequately consider the development impact of fracking when used in combination with horizontal drilling techniques.

Foreign investors play increasing role in US shale development

Apr 8, 2013

Investors from outside the United States are playing an increasingly vital role in the US tight oil and shale natural gas industry, according to the US Energy Information Administration. Joint ventures by foreign companies accounted for 20% of the $133.7 billion invested in US tight oil and shale gas plays between 2008 and 2012.

Winds of Change Mexico's Hydrocarbon Renaissance

Apr 1, 2013

In the hands of its new steward, Mexico seems to be at the brim of a prodigious reincarnation that promises to usher in an era of wealth and a better life for Mexicans.

Controversial journalist McAleer to premier documentary film 'FrackNation' in Philadelphia in response to 'Gasland'

Mar 14, 2013

Journalist and documentarian Phelim McAleer will be on hand for the Philadelphia premiere of his documentary film, “FrackNation,” on Wednesday, April 10, at the Bryn Mawr Film Institute.

First 45 days of 2013 slow, but Asian NOCs and MLPs remain strong buyers

Mar 1, 2013

For valuation benchmarks, PLS Inc. has reviewed traditional and conventional property deals in the US during the last six months.

Lemons to lemonade

Mar 1, 2013

Water and transport management challenges can be turned into a competitive advantage.

Standard & Poor's revises oil and natural gas price assumptions

Feb 13, 2013

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