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  • 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.

    SECTIONS

    Eagle Ford | Marcellus | Cline | Permian | Utica | Bakken | Woodbine & Eaglebine

    Permian Basin

    While the first Permian Basin well was drilled back in 1925, the liquids-rich area, comprised of the Midland Basin, the Delaware Basin, and the Marfa Basin, has experienced a revival of activity as the oil and gas industry's interest in unconventional resources grows along with new technologies and oil prices.

     

    Permian Basin

    Permian Basin News

    SandRidge appoints Suter as SVP of production

    Fri, Apr 24, 2015

    SandRidge Energy Inc. has appointed John Suter as senior vice president of production, effective April 27.

    Hammond joins Babst Calland’s energy and business services practices

    Fri, Apr 24, 2015

    The law firm of Babst Calland has added corporate attorney Jay Hammond as a shareholder in the firm’s Energy and Natural Resources Group and Business Services Group.

    Statoil awards Ferus with CO2 service contract in North Dakota

    Thu, Apr 23, 2015

    Statoil has awarded a carbon-dioxide (CO2) supply and service agreement to Denver, Colorado-based Ferus LP, which provides energized fluids (liquid CO2 and liquid nitrogen) to the North American oil and gas industry.

    Pepper Hamilton hires O&G litigation partner and associates

    Thu, Apr 23, 2015

    Michael G. Connelly has joined Pepper Hamilton LLP’s Pittsburgh, Pennsylvania, office as a partner in the Commercial Litigation Practice Group. Connelly is joined by two associates, Kevin M. Eddy and Victoria D. Summerfield.

    Midstates Petroleum closes sale of Dequincy assets in Louisiana

    Wed, Apr 22, 2015

    Midstates Petroleum Co. Inc. has closed its sale of ownership interest in developed and undeveloped acreage in the Dequincy area located in Beauregard and Calcasieu parishes in Louisiana for $44 million to Pintail Oil and Gas LLC.

    AELP adds new executive members to team

    Wed, Apr 22, 2015

    American Energy Partners LP (AELP) has hired Scott D. Sachs as senior geoscience executive advisor, James C. Johnson as senior marketing and midstream executive, and Traci D. Cook as chief accounting officer.

    CGG acquires Taurus Reservoir Solutions

    Wed, Apr 22, 2015

    CGG’s GeoConsulting business line has acquired Taurus Reservoir Solutions Ltd., based in Calgary, Alberta, Canada.

    Jacoby to manage APEG’s shale-related economic development

    Tue, Apr 21, 2015

    Mike Jacoby has joined the Appalachian Partnership for Economic Growth to direct economic development related to Ohio’s shale play. The new position was funded by JobsOhio in recognition of the current and future opportunities for attracting new industries and jobs related to the state’s Marcellus and Utica shale resources.

    Enable Midstream completes Bakken crude oil gathering system

    Tue, Apr 21, 2015

    Enable Midstream Partners LP’s first crude oil and produced water gathering system in North Dakota became fully operational on April 20.

    Production in Bakken, Eagle Ford rose 1% in March

    Tue, Apr 21, 2015

    Oil production from shale formations in North Dakota and Texas increased by 17,000 barrels per day (b/d), or 1%, in March vs. February, according to Bentek Energy, an analytics and forecasting unit of Platts.

    ConocoPhillips CEO on shale boom: We've only scratched the surface

    Technology innovation has expanded the world’s energy resource base and the oil and gas industry will continue to working to supply that growth, said ConocoPhillips (NYSE:COP) chairman and CEO Ryan Lance.

    ©2014 Michael Stravato. Provided courtesy of the James A. Baker III Institute for Public Policy, Rice University.

    Read the full article here. 


    US tight oil production averaged 3.22 day MMbbl/d in 4Q13, according to US EIA estimates. This level was enough to push overall crude oil production in the US to an average of 7.84 MMbbl/d, more than 10% of total world production, up from 9% in the fourth quarter of 2012. Read more here

    Can the shale gas rBart Willigers, Palantir Solutions Ltd. evolution currently taking place in the US be repeated elsewhere? Although significant volumes of unconventional gas deposits are present in Poland, France, Germany, Hungary, Sweden, Turkey, and the UK, shale gas developments are running many years behind their counterparts in the US. Skeptics have pointed out that differences in geology, taxes, public acceptance, environmental regulations and other factors in Europe vs. the US make for a tougher environment in which to develop unconventional resources. 

    Read the article by Bart J. A. Willigers of Palantir Solutions Ltd. here

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