• 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

    Building out Permian crude gathering systems - Part 2

    Apr 30, 2014

    Permian Basin crude producers are currently churning out over 1.5 MMb/d of crude from a basin that has produced oil since the 1920’s but is the center of a recent renaissance. With new production comes new demand for takeaway capacity and between January 2013 and the end of 2015, about 1 million barrels of new pipeline has been constructed or will come online directed towards Houston, Nederland and Corpus Christi, TX.  Today we continue our series on new Permian gathering infrastructure. This episode presents an overview of the mainline pipelines out of the Permian and the current centers of production activity and begins a survey of gathering systems with a new lateral addition to Occidental’s Centurion pipeline.

    Building out the Permian crude oil gathering system - Part 1

    Apr 30, 2014

    The next six months look set to be quite turbulent for Permian Basin producers. Crude production is now over 1.5 MMb/d and supplies trying to get to market are facing congested pipelines leading to price discounts. New capacity is due online in June in the shape of the 300 Mb/d Magellan/Occidental joint venture BridgeTex pipeline. But many Permian producers are also awaiting the build out of gathering systems to deliver their crude to regional hubs. Here, the start of a series on the build out of Permian gathering infrastructure.

    RSP Permian names Turcotte as chief accounting officer

    Apr 28, 2014

    RSP Permian Inc. says that Barry Turcotte has joined the company as chief accounting officer, reporting directly to RSP Permian’s CFO, Scott McNeill.

    Atlas Pipeline to expand Pioneer contract

    Apr 25, 2014

    Atlas Pipeline Partners LP (APL) reports that Atlas Pipeline and Pioneer Natural Resources have entered into an agreement to substantially expand Pioneer's commitment to APL in the burgeoning Permian Basin of West Texas. 

    Post Oak leads $100M commitment to Crown V

    Apr 23, 2014

    Post Oak Energy Capital LP, through investment partnerships it manages, is leading a $100 million equity commitment to Crown Oil Partners V LP (Crown V).

    Athlon Energy prices $650 million of senior notes

    Apr 17, 2014

    Athlon Energy Inc. has priced $650 million of 6.00% senior unsecured notes by Athlon Holdings LP and its co-issuer and wholly owned subsidiary, Athlon Finance Corp. The company expects to close the sale of the notes on May 1.

    Athlon Energy begins public offering

    Apr 17, 2014

    Athlon Energy Inc. has begun an underwritten public offering of 11 million shares of common stock pursuant to a registration statement on Form S-1 filed previously with the US Securities and Exchange Commission.

    Oryx enters Permian with $300M equity commitment

    Apr 9, 2014

    Oryx Midstream Services LLC has received an equity commitment totaling up to $300 million, and will pursue midstream opportunities in the Permian Basin, focusing initially on the Delaware Basin in Texas and New Mexico.

    Outrigger Energy further expands Permian footprint

    Apr 9, 2014

    Outrigger Energy LLC is expanding its midstream capabilities in the Permian Basin with the addition of a natural gas gathering and processing and crude oil gathering system in the Midland Basin of West Texas.

    Energen sells natural gas utility to become a pure play in the E&P space

    Apr 7, 2014

    Energen Corp. has signed a definitive stock purchase agreement to sell its natural gas utility business, Alabama Gas Corp. (Alagasco), to The Laclede Group Inc.

    Welch appointed EVP, CFO of JP Energy Partners

    Apr 3, 2014

    JP Energy Partners LP has appointed Patrick Welch as the company’s executive vice president and CFO. Welch has been serving as the interim CFO for the company since November of last year.

    Rosetta Resources increases borrowing base to $950 million

    Apr 3, 2014

    Rosetta Resources Inc. reports the amendment of its senior revolving credit facility to increase its borrowing base. Effective April 2, the company's borrowing base increased from $800 million to $950 million.

    Crestwood Midstream expands Permian Delaware Basin project

    Apr 2, 2014

    Crestwood Midstream Partners LP reports a further expansion of its Willow Lake Project in the Permian Delaware Basin, which includes the conversion of a portion of its Las Animas natural gas gathering system into rich gas service and the construction of an initial cryogenic natural gas processing plant.

    Bolton joins Energen Resources as VP-Land

    Apr 2, 2014

    David Bolton has been elected by the Energen Corp. board of directors as vice president, Land, for the company’s oil and gas exploration and production unit, Energen Resources Corp.

    Crude Energy acquires working interest in Permian Basin

    Apr 2, 2014

    Crude Energy LLC has acquired a 50% working interest in 3,680 acres located in Sterling County, Texas, in the heart of the Permian Basin.

    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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