• 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

    Rhino reports pricing of public offering of common units

    Sep 11, 2013

    Rhino Resource Partners LP has priced its previously announced public offering of 1,100,000 common units representing limited partner interests in Rhino at a price to the public of $12.30 per common unit. 

    Rhino reports public offering of common units

    Sep 10, 2013

    Rhino Resource Partners LP reports the commencement of a public offering of 1,100,000 common units representing limited partner interests in Rhino. In connection with the offering, Rhino expects to grant the underwriter a 30-day option to purchase up to 165,000 additional common units.

    Fagen acquires Pennsylvania site to better serve clients

    Sep 6, 2013

    Fagen Inc. is set to take possession of a multi-acre site in Houston, Pennsylvania, to provide equipment storage, tool storage and materials management for current and future projects in the buildout of the Utica/Appalachian Basin and Marcellus fields.

    PVR Partners to provide services for Hess in Utica shale

    Sep 4, 2013

    PVR Partners LP has entered into a definitive agreement with Hess Corp. to construct, own and operate a 45-mile natural gas trunkline and associated gathering pipelines and facilities servicing Hess's lean gas production in the Utica shale play in eastern Ohio.

    What will happen to the tsunami of Marcellus, Utica ethane production?

    Aug 28, 2013

    Over the next three years, the production of natural gas liquids from the Marcellus/Utica could octuple to more than 650 Mb/d. Nothing like that has ever happened in the NGL business before. It has already started. Last month MarkWest officially inaugurated the Appalachian ethane business. From 5 Mb/d today we could see 200 Mb/d by this time next year if the economics to move that much ethane made sense. But they won’t. Because there is nowhere for the additional ethane to go. Already up to 250 Mb/d of US ethane is being rejected – pushed back into natural gas in the Rockies, Midcontinent, and other regions. That number will be getting a lot bigger.  Today we will begin an examination of the ethane tsunami and what it means for NGL markets in the Northeast and in the center of the NGL universe – Mont Belvieu, TX.

    Blue Racer Midstream secures $800M credit facility

    Aug 22, 2013

    Blue Racer Midstream LLC has secured a five-year, $800 million credit facility, which can be expanded to $1 billion in the future.

    Prometheus signs LNG supply, services agreement with Antero in Marcellus, Utica

    Aug 20, 2013

    Prometheus Energy Group Inc., a supplier of liquefied natural gas (LNG) to the oil and gas, mine haul, process industry and remote power generation sectors, has signed an agreement to supply Antero Resources' LNG requirements to power a significant portion of its natural gas fueled drilling rigs in the Marcellus and Utica shales over a multi-year period.

    EV Energy Partners to sell Utica shale acres

    Aug 12, 2013

    EV Energy Partners LP reports that it, along with certain institutional partnerships managed by EnerVest Ltd., has signed an agreement to divest certain acreage in Ohio's Utica shale play for $284.3 million to an undisclosed buyer. 

    Early stage Utica Shale play busy building infrastructure

    Aug 5, 2013

    The Utica shale formation is larger than the Marcellus shale and runs beneath the Marcellus for the most part.

    Utica East Ohio facilities begin sales July 28

    Jul 30, 2013

    M3 Midstream LLC President and CEO Frank Tsuru reports that, as of July 28, the first phase of the Utica East Ohio Midstream LLC project is in service, receiving rich Utica Shale production, processing natural gas liquids, and redelivering residue gas to interstate markets.

    Upstream News

    Jul 11, 2013

    Canadian shale update

    Jul 11, 2013

    Compared to its neighbor to the south, Canada is in the early stages of developing its unconventional resources, especially tight oil. For Canadian producers, this means that a large portion of that nation's production potential has yet to be unlocked.

    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.

    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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