• 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

    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

    Summit to acquire interest in Utica Gathering System from Blackhawk Midstream

    Dec 23, 2013

    Summit Midstream Partners LLC, the privately-held company that owns and controls the general partner of Summit Midstream Partners LP, has executed a definitive agreement with Blackhawk Midstream LLC, to acquire its equity interest in two entities, Ohio Gathering Company LLC and Ohio Condensate Company LLC.

    MarkWest, EMG reach agreements with Gulfport Energy

    Dec 20, 2013

    MarkWest Energy Partners and The Energy & Minerals Group (EMG) have executed definitive agreements with Gulfport Energy Corp. to provide stabilization services and potential gathering services for condensate produced within an area that includes Belmont, Harrison, Guernsey, Noble, and Monroe counties, Ohio.


    TGP awards backhaul capacity to serve Utica, Marcellus shales

    Dec 18, 2013

    Tennessee Gas Pipeline Co. LLC (TGP), a subsidiary of Kinder Morgan Energy Partners LP, has completed a successful open season for incremental, north to south natural gas transportation capacity on the TGP system totaling 500,000 dekatherms per day.

    Kinder Morgan subsidiary to develop new Utica pipeline

    Dec 16, 2013

    Kinder Morgan Energy Partners LP reports that its subsidiary, Kinder Morgan Cochin LLC, has signed a letter of intent with NOVA Chemicals Corp. to develop a new products pipeline from the Utica shale play.

    Magnum Hunter Resources

    Dec 12, 2013

    In May 2009, Gary C. Evans, chairman and CEO of Magnum Hunter Resources, after a brief respite from the US oil and gas industry due to the sale of his prior company of similar name, reentered the sector.

    PDC Energy to spend $469M on Wattenberg in 2014

    Dec 10, 2013

    PDC Energy Inc. (Nasdaq:PDCE) plans to spend the majority of its 2014 capital budget on organic growth in its core operations in the liquid-rich Wattenberg Field of Colorado, including the horizontal Niobrara and Codell plays, the company noted December 10.

    Enterprise Products line-fills ATEX Express pipeline

    Dec 6, 2013

    Enterprise Products Partners LP reports that the process of injecting ethane into the Appalachia-to-Texas Express (ATEX) pipeline began in late November and will continue throughout December. Commercial service is expected to begin in January.

    Sunoco Logistics begins Mariner East 2 open season

    Dec 5, 2013

    Sunoco Logistics Partners LP has begun a binding open season for its Mariner East 2 project.

    Utica condensate routes to Canada

    Dec 4, 2013

    Output of naphtha range material such as plant condensates and natural gasoline in the Ohio section of the Utica shale is increasing rapidly as new processing and fractionation capacity in the region comes online. Output of field condensate from the wellhead is also expected to take off in 2014. Here, a look at pipeline infrastructure plans to deliver condensates and natural gasoline to Canada as diluent.

    Valerus wins contract for Marcellus shale facilities

    Nov 18, 2013

    Valerus has been awarded a contract from Pittsburgh-based EQT Corp. to provide 15,000 hp of compression for two compression stations in southwest Pennsylvania.

    Spectra Energy secures contracts for US Gulf expansion project

    Nov 14, 2013

    Spectra Energy Corp. and Spectra Energy Partners report that they have executed new long-term contracts for 650,000 dekatherms per day of natural gas shipments on the Texas Eastern pipeline system to support the growing manufacturing sector and liquefied natural gas export industry along the Texas and Louisiana coast.

    Kinder Morgan, MarkWest launch binding open season for pipeline

    Nov 11, 2013

    Kinder Morgan Energy Partners LP and MarkWest Utica EMG LLC, a joint venture between MarkWest Energy Partners LP and the Energy and Minerals Group have launched a binding open season to solicit commitments for a proposed Y-grade pipeline project to transport natural gas liquids produced from the Utica and Marcellus shales to Mont Belvieu, Texas.

    Natural Resource Group puts down roots in Marcellus region

    Oct 15, 2013

    Natural Resource Group (NRG), a consulting firm to the energy industry, has created a base of operation in the Marcellus shale play with the opening of a new office in Pittsburgh, Pennsylvania. 

    AEU raises $1.7 B for Utica leasehold position

    Oct 11, 2013

    American Energy – Utica LLC (AEU), an affiliate of American Energy Partners LP, has raised approximately $1.7 billion in private equity commitments and term loan proceeds to pursue a business plan focused on the Utica Shale play in eastern Ohio.

    AEU raises $1.7 B for Utica Shale leasehold position

    Oct 11, 2013

    American Energy – Utica LLC (AEU), an affiliate of American Energy Partners LP, has raised approximately $1.7 billion in private equity commitments and term loan proceeds to pursue a business plan focused on the Utica Shale play in eastern Ohio.

    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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