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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 Barnett, Haynesville, Marcellus, Eagle Ford, Fayetteville, Woodford, Bakken, Niobrara, 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

    PDC to sell interest in PDCM Marcellus JV; increases Utica acreage

    Jul 30, 2014

    PDC Energy Inc. has agreed to sell its 50% interest in PDC Mountaineer LLC, a Marcellus joint venture, to Mountaineer Keystone Energy LLC for $250 million.

    Chesapeake, RKI swap Powder River Basin assets

    Jul 29, 2014

    Gas production rises in Marcellus, Utica

    Jul 18, 2014

    Gas production for the Marcellus and Utica shale plays in the eastern United States is projected to grow to 34 billion cubic feet per day by 2035, according to ICF International, a provider of consulting and technology services to government and private industry.

    Midstream News

    Jul 18, 2014

    Law firm Jackson Kelly adds attorneys focused on oil and gas

    Jul 10, 2014

    Jackson Kelly PLLC has moved its Ohio office from Canton to Akron and has added established Akron attorneys Mark Bernlohr, Clay Keller, and J. Alex Quay, who will practice in the firm’s Industrial, Environmental and Complex Litigation Practice Group.

     

    Oil & Gas M&A in upstream sector reaches $51.3B in Q214

    Jul 3, 2014

    Following a lacklustre first quarter for M&A activity in the oil and gas upstream sector, the second quarter of 2014 saw a spectacular rebound.

    Stone Energy to sell non-core GOM shelf properties

    Jul 1, 2014

    Stone Energy Corp. has a definitive agreement to sell its non-core Gulf of Mexico conventional shelf properties to Talos Energy Offshore LLC for $200 million in cash and assumed future undiscounted abandonment liabilities estimated at $117 million. 

    GreenHunter Resources to begin multiple-pipeline project in shale areas

    Jun 30, 2014

    GreenHunter Resources Inc. reports that, through its wholly-owned subsidiary GreenHunter Pipeline LLC, it has executed multiple definitive agreements to have exclusive use of three independent pipelines.

    ICF: Marcellus, Utica shale gas production continues to grow

    Jun 30, 2014

    ICF International has announced its second-quarter 2014 Detailed Production Report. The report provides a complete outlook for US and Canada natural gas, natural gas liquids, and oil production through 2035.

    ETP plans to build Marcellus-Utica pipeline project

    Jun 26, 2014

    Energy Transfer Partners LP plans to build a pipeline to transport natural gas from processing facilities located in the prolific Marcellus and Utica shale areas to numerous market regions in the US and Canada.

    Eclipse Resources prices IPO

    Jun 20, 2014

    Eclipse Resources Corp. has priced its initial public offering of 30,300,000 shares of common stock at $27.00 per share. The shares are expected to begin trading on the New York Stock Exchange on June 20 under the ticker symbol “ECR.”

    EQT and NextEra Energy begin Southeast pipeline project

    Jun 15, 2014

    EQT Corp. and NextEra US Gas Assets LLC, an indirect, wholly owned subsidiary of NextEra Energy Inc. have begun a non-binding open season for the Mountain Valley Pipeline project, which is expected to connect Marcellus and Utica natural gas supply to demand markets in the Southeast region of the US.

    AELP affiliates acquire acreage in Utica and Marcellus shale plays

    Jun 11, 2014

    American Energy–Utica LLC and American Energy–Marcellus LLC, affiliates of American Energy Partners LP, have signed agreements to acquire acreage and production in the Utica and Marcellus shale plays, respectively.

     

     

    Patterson-UTI Energy to acquire pressure pumping operations

    Jun 10, 2014

    Patterson-UTI Energy Inc. reports that one of its subsidiaries has entered into an agreement to acquire the East Texas-based pressure pumping operations of a privately held company. 

    MarkWest and EMG to expand fractionation complex

    Jun 5, 2014

    MarkWest Energy Partners LP and the Energy & Minerals Group plan to add additional capacity at their Hopedale fractionation and marketing complex in Harrison County, Ohio, in order to meet growing natural gas liquids production in the Utica and Marcellus shale plays under new contracted commitments from numerous producer customers.

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