• 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

    EnerJex has drilling success in Mississippian project

    Mar 14, 2012

    Quebec’s Anticosti Macasty comparable to Utica Shale says Petrolia

    Feb 22, 2012

    Results of a petrophysical study conducted by Schlumberger Canada Ltd. show that the Anticosti Macasty in Quebec can be compared with the Utica Shale in Ohio, said Petrolia Inc. February 21.

    Forest Oil expands Permian Basin Wolfbone Oil play acreage

    Feb 16, 2012

    Forest Oil Corp. announced its acreage position of 68,500 gross acres (63,000 net) prospective for the Wolfbone oil play in Pecos and Reeves Counties, Texas.

    Venoco files proxy for take-private offer

    Feb 14, 2012

    Venoco Inc., an independent energy company with substantial holdings in California’s oily Monterey Shale, filed its proxy for the take-private offer of $12.50 per share in cash.

    Petrodyne adds reserves in Mississippian Lime oil play

    Feb 14, 2012

    Petrodyne Resources Ltd., a domestic onshore oil exploration company, has acquired additional PUD acreage in the core of the Horizontal Mississippi Lime Oil Play in Northwest Oklahoma. 

    Apache to acquire Cordillera Energy Partners for $2.85B

    Jan 23, 2012

    Apache Corp. has agreed to acquire Denver-based Cordillera Energy Partners III LLC, a privately held company with substantial operations that include approximately 254,000 net acres in the Granite Wash, Tonkawa, Cleveland and Marmaton plays in western Oklahoma and the Texas Panhandle, for $2.85 billion.  

    Monterey Shale’s Venoco plans merger

    Jan 17, 2012

    Venoco Inc., an independent energy company with substantial holdings in California’s oily Monterey Shale, said Jan. 16 that it has entered into a definitive merger agreement under which Timothy M. Marquez, Venoco’s chairman and CEO, who controls 50.3% of Venoco’s common stock, will acquire Venoco through a wholly owned entity, Denver Parent Corp.


    Sinopec invests US$2.2B in Devon Energy emerging play acreage

    Jan 3, 2012

    Devon Energy Corp. has signed an agreement with Sinopec International Petroleum Exploration & Production Corp. whereby SIPC will invest $2.2 billion in exchange for one-third of Devon’s interest in five emerging plays.

    Repsol buys into US unconventional hydrocarbons with Mississippi Lime JV

    Jan 3, 2012

    On December 22, Spain’s Repsol announced an agreement signed with Oklahoma City-based SandRidge Energy to buy nearly 363,636 net acres in the Mississippi Lime play.

    Comstock Resources closes US332 million acquisition in Delaware Basin

    Dec 29, 2011

    Frisco, Tex.-based Comstock Resources Inc. (NYSE:CRK) said on Dec. 29 that it has closed the previously announced acquisition of oil and gas properties in the Delaware Basin in West Texas from Eagle Oil & Gas Co. and certain other parties for $331.9 million.

    Upstream News

    Oct 1, 2011

    NYTEX acquires acreage in Mississippi Lime formation in North Texas

    Sep 29, 2011

    NYTEX Energy Holdings Inc. has acquired 5,447 leasehold acres in North Texas to commence development of the Mississippi Lime oil formation at depths between 4,000 and 5,000 feet.

    Corridor Resources begins drilling Frederick Brook shale well

    Sep 28, 2011

    Nova Scotia, Canada-based Corridor Resources Inc. has spud the vertical Will DeMille O-59 shale gas appraisal well, an offset to the Will DeMille G-59 horizontal well drilled in 2010, in order to advance the Frederick Brook Shale program.

    Praxis Mutual Funds calls for hydraulic fracturing transparency

    Sep 20, 2011

    Praxis Mutual Funds has called on oil and gas companies to provide additional disclosures regarding the environmental and financial risks associated with their hydraulic fracturing (natural gas drilling) operations.

    Southern Union plans $235 million midstream expansion in Permian basin to support Avalon Shale development

    Aug 23, 2011

    Southern Union Company has approved construction of the $235 million Red Bluff Project, a 200 MMcf/d natural gas processing plant and associated gathering, compression, and treating facilities, through its midstream segment, Southern Union Gas Services (SUGS).

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