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

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

Ignition timing countdown: 1.4 Bcf/d increase in natural gas demand from methanol?

Feb 11, 2013

Could the construction of new production capacity for one chemical product result in a 1.4 Bcf/d increase in natural gas demand?  Yes it could - if all the methanol plants that have been announced and are on the drawing board get built. Of course, it is pretty unlikely that they will all get built, but even if only the best projects are completed, they will still consume a lot of gas. This article takes a look at the new plant construction numbers.

 

Shale resources driving resurgence, profitability for North American ethylene producers

Feb 6, 2013

According to a new IHS Chemical  global market study, abundant North American shale energy resources are driving chemical industry job growth, low-cost ethylene production, significant profitability and a competitive resurgence for the continent’s producers of ethylene, one of the most essential chemical building blocks in the petrochemical industry.

Industry Briefs

Feb 1, 2013

Laredo Petroleum de-risking acreage in Wolfcamp zones and Cline shale

Feb 1, 2013

AN INTERVIEW WITH RANDY FOUTCH, CHAIRMAN AND CEO OF LAREDO PETROLEUM

PGE and Universal Well Services team up to advance use of natural gas in hydraulic fracturing

Jan 23, 2013

PGE and Universal Well Services, announced Jan. 21 a partnership to convert a hydraulic fracturing operation in Pennsylvania from diesel fuel to a blend that relies instead on up to a 70% equivalent of natural gas.

BNSF Logistics acquires project cargo provider EP-Team Inc.

Jan 15, 2013

BNSF Logistics LLC, a third party logistics provider and wholly owned subsidiary of Burlington Northern Santa Fe LLC, a Berkshire Hathaway company, has acquired EP-Team Inc., a privately held global logistics project cargo provider.

The ethane asylum: Big time ethane rejection in the shale gas world

Jan 7, 2013

Ethane in Mont Belvieu posted at 22.5 cnts/gal on Friday, continuing the NGL’s descent into the abyss that started mid-2012. With natural gas prices hanging in there above $3.00/MMbtu, there is no doubt about it. We are deep into ethane rejection economics. Impending widespread rejection in the world of shale…a world of ultra-rich gas, deep ethane cuts, and constrained infrastructure.  Today we’ll drill down deep into the numbers. 

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