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

Woodford Shale Map

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Woodford Shale News

EIA: Five states, GOM produce over 80% of US crude oil

Five states and the Gulf of Mexico supplied more than 80%, or 6 million barrels per day, of the crude oil (including lease condensate) produced in ...

AEW raises $680M to acquire shale acreage

American Energy - Woodford LLC, an affiliate of American Energy Partners LP, has raised $500 million in equity commitments and secured $180 million...

BNK Petroleum sells Woodford assets to accelerate Caney formation drilling

BNK Petroleum Inc. has entered into a Purchase and Sale Agreement with XTO Energy Inc. for the sale by BNK US of its Tishomingo Field, Oklahoma ass...

M&A Activity impacted by oil and gas price volatility

PLS Inc. reports that US deal activity slowed in late May and early June as WTI oil prices rapidly descended to the low $80s from the $100+/bbl ran...

Cardinal Midstream brings third plant online in Woodford shale

Cardinal Midstream, LLC has brought its third cryogenic processing plant online in the Arkoma Woodford shale.

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