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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

    Utica Shale

    Utica Shale Description ImageThe Utica shale formation is one of the newest natural gas discoveries in North America. It is located in New York state and the Canadian province of Quebec, along the St. Lawrence River Valley. Some geologists have suggested the gas-bearing formation extends as far south as Pennsylvania. The other major shale formation in this area is the better-known Marcellus shale.

    Estimates of natural gas deposits in the formation range from a low of about 2 trillion cubic feet (tcf) to a high of 60 to 70 tcf. At this time, most companies active in the Utica shale are drilling exploratory wells on the Canadian side of the border because the state of New York has been reluctant to grant drilling permits to date. Some production rates have tested up to 1 million cubic feet per day.

    Utica Shale Map

    Utica Shale News

    Magnum Hunter spuds on 18-well pad in eastern Ohio

    Jul 2, 2013

    Houston-based Magnum Hunter Resources Corp. has spudded the first well on its Stalder pad in eastern Monroe County, Ohio.

    Rex Energy announces results of recent Ohio Utica shale wells and provides operational update

    Jun 25, 2013

    Rex Energy Corp. has announced the results of its recent Ohio Utica shale wells and provided an update on its operations.


    Williams' board approves company's Bluegrass Pipeline project

    Jun 25, 2013

    Williams' (NYSE:WMB) board of directors has voted to approve the company's Bluegrass Pipeline project.

    Crosstex activates Black Run Rail Terminal facilities to export Utica Shale production

    Jun 25, 2013

    Crosstex Energy LP (NASDAQ:XTEX) has re-activated its Black Run rail loading terminal located in Frazeysburg, Ohio, on the Ohio Central Railroad (OHCR) allowing the export of Utica Shale light oil condensate production.

    Chesapeake, foreign partners set for big US shale spend in 2013

    Jun 17, 2013

    Analyzing Evaluate Energy’s recently released 2013 capital expenditure and average well cost data for the major US shale plays, it becomes clear that foreign companies will have a huge influence on how the industry develops over the coming year.

    Utica oil or bust? A wet gas play with plenty of condensate

    May 21, 2013

    Last Thursday (May 16, 2013) the Ohio Department of Natural Resources offered a rare glimpse into 2012 production in the Utica shale. In a long awaited report, the State said that 87 wells drilled by 11 companies produced about 1750 b/d of oil and 35 MMcf/d of gas. Those numbers disappointed investors hoping for evidence of another Bakken or Eagle Ford. But the State data does not tell the whole story. There should be a surge in production now that infrastructure is coming online. And significant condensate production will present new challenges for midstreamers. Today we take a closer look at Utica production.

    New NGL hub for Utica and Marcellus

    Apr 1, 2013

    The Utica shale formation spans an area from Ohio to Pennsylvania, into New York, across the Canadian border, and into two Great Lakes (Erie and Ontario).

    MarkWest Utica EMG, PDC Energy agree on Utica Shale developments

    Mar 19, 2013

    MarkWest Utica EMG LLC, a joint venture between MarkWest Energy Partners LP and The Energy and Minerals Group, has agreed with PDC Energy Inc. to provide gathering, processing, fractionation, and marketing services in the Utica Shale.

    Williams, Boardwalk to pursue joint development of NGL pipeline system to transport Marcellus, Utica mixed NGLs

    Mar 6, 2013

    Energy infrastructure company Williams and midstream master limited partnership Boardwalk Pipeline Partners LP  have executed a letter of intent to form a joint venture that would develop a pipeline project to transport natural gas liquids from the  Marcellus and Utica shale plays to the expanding petrochemical and export complex on the US Gulf Coast, as well as the developing petrochemical market in the Northeast US.

    Marcellus and Utica get new NGL hub

    Mar 1, 2013

    Members of the oil and gas community generally recognize the Marcellus shale as the largest and most economic natural gas shale play in the continental United States.

    Ohio Supreme Court: Issuance of a drilling permit not appealable to OOGC

    Feb 1, 2013

    On January 30, 2013, the Ohio Supreme Court ruled that the Ohio Oil and Gas Commission "patently and unambiguously lacks" the statutory jurisdiction to hear an appeal from the issuance of a drilling permit by the Chief of the Ohio Division of Oil and Gas Resources Management. 

    Gulfport Energy gets price target increase on Utica expectations

    Jan 28, 2013

    Based on increased Utica expectations, SunTrust Robinson Humphrey Inc. is raising its price target on the company.

    SunTrust: More certain of Utica economics after recent trip

    Jan 28, 2013

    SunTrust Robinson Humphrey Inc. reported Jan. 25 that, after spending four days in the Utica shale play, its confidence in much of the play has increased, based on continued high initial production rates, limited expected depletion, improved spacing, and declining wells costs.

    Hess budgets $2.7 billion for unconventional plays in 2013

    Jan 14, 2013

    Hess Corp. has announced a 2013 exploration and production budget of $6.7 billion, of which 40% will be dedicated to unconventional oil and gas plays.

    Whoville, the big new NGL hub in Marcellus, Utica? (aka, Houville)

    Dec 14, 2012

    Houville is the center of an emerging Marcellus/Utica based NGL hub soon to take its place among the largest in North America.  

    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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