• 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

    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

    CIG Logistics acquires rail facility from Flint Hills Resources

    Fri, Oct 2, 2015

    CIG Logistics, an oil and gas logistics provider, has acquired a 330-acre rail facility in Odessa, Texas, from Flint Hills Resources. The purchase price and terms of the acquisition, which closed on Sept. 29, were undisclosed.

    Alta Mesa Holdings closes sale of Alta Mesa Eagle

    Fri, Oct 2, 2015

    Alta Mesa Holdings LP has closed the sale of its subsidiary Alta Mesa Eagle LLC, which owns certain oil and gas producing properties in the Eagle Ford shale area and other assets, to EnerVest Ltd. and its affiliates.

    PDC Energy extends maturity of revolving credit facility

    Fri, Oct 2, 2015

    PDC Energy Inc. has extended the maturity of its revolving credit facility by two years to May 2020. The borrowing base has been reaffirmed at $700 million of which the company has elected to keep its commitment level at $450 million.

    Oryx launches binding open season for OTP pipeline system

    Thu, Oct 1, 2015

    One of Oryx Midstream Services LLC’s operating subsidiaries, Oryx Southern Delaware Oil Gathering and Transport LLC, has launched a binding open season to obtain volume commitments and/or acreage dedications to support the development of the Oryx Trans Permian (OTP) pipeline system, a new crude oil gathering and transportation system to serve the southern Delaware Basin in Texas.

    FBS Properties completes acquisition of oil and gas companies

    Wed, Sep 30, 2015

    FBS Properties Inc., founded by investor Fred Schneiderman, has concluded the acquisition of 100% of Warwick Oil & Gas Inc., Warwick Oil & Gas Inc., and Reserve Royalty Corp. The acquired companies have oil and gas interests in more than 20 counties and parishes in Texas, Arkansas, and Louisiana.

    Sanchez Energy enhances liquidity with $345M midstream asset sale

    Tue, Sep 29, 2015

    Sanchez Energy Corp. has executed an agreement with Sanchez Production Partners LP (SPP) pursuant to which the company will divest, and SPP will acquire and operate, certain pipeline, gathering, and compression assets located on the Western part of its Catarina asset in the Eagle Ford shale play in South Texas, for cash consideration of $345 million.

    DW offers a US perspective on production decline

    Tue, Sep 29, 2015

    Douglas-Westwood’s DW Monday report for Sept. 28 comments on the effects of oil prices on drilling and production levels in the US.

    Approach Resources confirms reaffirmation of lender commitments in credit facility at $450M

    Mon, Sep 28, 2015

    Approach Resources Inc. has completed the scheduled semiannual borrowing base redetermination of its revolving credit facility, and as a result, the bank group has set the lender commitment amount and borrowing base at $450 million.

    Forestar provides update on new CEO, promotions, and board retirements

    Mon, Sep 28, 2015

    Forestar Group Inc. has appointed Phillip J. Weber, chairman of the company’s Real Estate Investment Committee and formerly executive vice president – Water Resources, as CEO, following James M. DeCosmo, president and CEO, stepping down on Sept. 25.

    Service begins on Navigator Energy Services’ BSG System

    Sat, Sep 26, 2015

    Navigator Energy Services LLC has begun initial service on its Big Spring Gateway Pipeline System (BSG System), making deliveries into the Sunoco Logistics-owned West Texas Gulf Pipeline and the Permian Express 2, with the current capability to transport up to 40,000 barrels of crude oil per day.

    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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