• 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

    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

    Israel moves ahead with IEI oil shale project

    Dec 26, 2012

    The Supreme Court of Israel has rejected a petition against the IEI oil shale project, clearing a legal roadblock and allowing the project to move forward to the permitting phase.

    Chevron subsidiary acquires operating interest in Kitimat LNG project

    Dec 26, 2012

    Chevron Canada Ltd. will acquire a 50% operating interest in the Kitimat LNG project and proposed Pacific Trail Pipeline, and a 50% interest in approximately 644,000 acres of petroleum and natural gas rights in the Horn River and Liard Basins in British Columbia, Canada.

    SandRidge Energy to sell Permian assets for $2.6 billion

    Dec 19, 2012

    Oklahoma City-based SandRidge Energy Inc. said Dec. 19 that it has signed a definitive agreement to sell its Permian Basin properties to Sheridan Production Partners II, a privately held Houston-based oil and gas company, for $2.6 billion in cash.

    Fluid Delivery opens new facility to provide service to Mississippi Lime drillers

    Dec 18, 2012

    Fort Worth, TX-based Fluid Delivery Solutions, an oilfield service company that specializes in water transfers for completions and location containment liners, has opened a Mississippian Lime yard in Alva, Oklahoma.

    Magnolia Petroleum spuds first operated well in Mississippi Lime

    Nov 20, 2012

    London-based oil and gas exploration and production company Magnolia Petroleum plc, has spud its first operated well in the Mississippi Lime in Oklahoma.

    Senator tells Platts that LNG and offshore revenue sharing are priorities

    Nov 19, 2012

    Oregon’s Democratic US Senator Ron Wyden, who is preparing to head the Senate Energy and Natural Resources Committee, believes the nation should move cautiously on natural gas exports but is open to sharing revenues from offshore oil and gas development in federal waters with state governments. Wyden made his comments Sunday on “Platts Energy Week,” an all-energy news and talk show program.

    Long-term oil and gas M&A outlook best in 20 years, says Tudor

    Nov 14, 2012

    The long-term fundamental outlook for oil and gas mergers and acquisitions in North America is the best it’s been in the past 20 years, which is very good news for investors and energy companies.

    Deloitte: Oil, gas industry seeing financing transformations

    Nov 13, 2012

    The oil and gas industry is experiencing some transformations in obtaining financing with private equity firms while a steel manufacturer recently took a working interest in Piceance basin natural gas drilling, a spokeswoman with Kohlberg Kravis Roberts & Co. LP told the Deloitte Oil & Gas Conference.

    Shareholder letter calls for shake up in SandRidge management

    Nov 8, 2012

    SandRidge Energy’s sixth largest shareholder, TPG-Axon Capital, sent a letter to the SandRidge board of directors requesting a shakeup in management in order to unlock shareholder value, said Stifel Nicolaus analysts in a note to investors today.

    Legacy Reserves acquires Permian Basin assets from Concho for $520M

    Nov 7, 2012

    Legacy Reserves LP has entered into an agreement to purchase Permian Basin oil and natural gas properties from Concho Resources Inc. for $520 million in cash.

    ZaZa Energy provides update on Eaglebine and Eagle Ford operations

    Nov 6, 2012

    On Nov. 6, Houston-based ZaZa Energy Corporation [NASDAQ: ZAZA] issued comprehensive drilling updates on operations in its core Eaglebine and Eagle Ford properties.

    Kinda spooky revisited: Natural gas rig count, production and productivity

    Oct 31, 2012

    On Monday as record setting Hurricane Sandy was plowing into the East Coast, another record was quietly being broken. That record was all time US natural gas production. According to Bentek numbers it increased to 64.9 Bcf/d (total natural gas production less NGLs and other shrinkage, lower 48 states).

    Will high NGL production volumes negatively impact shale development?

    Oct 30, 2012

    As a result of higher crude oil prices, oil and gas producers in the US are targeting liquids-rich areas, which in turn, influences production of NGLs. Relatively high prices for NGLs have kept many wet gas wells profitable despite low gas prices. Is there an oversupply of NGLs? Are we facing a glut and in turn, depressed prices?

    ANGA-API study shows methane emissions 53 percent below EPA estimates

    Oct 25, 2012

    An updated survey by URS prepared for America’s Natural Gas Alliance (ANGA) and the American Petroleum Institute (API) has found further reductions in greenhouse gas emissions from natural gas production.


    Chesapeake Energy closes Permian Basin asset sales

    Oct 22, 2012

    Chesapeake Energy Corp. has completed the sale of its previously announced asset packages in the Permian Basin.

    OGFJ Webcasts

    There is no current content available.