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Unconventional Resources 2011 P1

  • 07/26/2011 -- Crosstex expands Eunice NGL fractionation; extends pipeline
    Crosstex Energy LP is completing engineering studies, pipeline routing, and environmental permitting for an expansion of its Eunice NGL fractionation facilities and extension of its Cajun-Sibon NGL pipeline.
  • 06/23/2011 -- Poland: San Leon near drilling on Baltic concessions
    San Leon Energy PLC plans to drill three wells back to back starting Aug. 1, 2011, on the Gdansk West, Braniewo, and Szczawno concessions in the Baltic basin in Poland, where a 480 line-km 2D seismic program was complete in June.
  • 01/27/2011 -- Texas: Crockett Wolffork play spreading out
    Approach Resources Inc., Fort Worth, has acquired 10,900 contiguous net acres in northeastern Crockett County, Tex., from undisclosed private sellers, expanding its position to 109,000 net acres in the southern Midland basin.
  • 11/17/2011 -- Kinder Morgan to buy carbon dioxide-helium assets
    A unit of Kinder Morgan Energy Partners LP will buy carbon dioxide and helium holdings on the St. Johns dome in Arizona and New Mexico from Enhanced Oil Resources Inc., Houston, for $30 million.
  • 11/01/2011 -- Texas: Forest joins Wolfcamp shale oil play
    Forest Oil Corp., Denver, has accumulated 58,000 gross (51,000 net) contiguous acres, mainly comprised of two leases, in Crockett County, Tex., in the Permian Basin prospective for the Wolfcamp shale oil play.
  • 08/02/2011 -- RPSEA selects unconventional gas, small producer program projects
    The Research Partnership to Secure Energy for America (RPSEA) selected eight proposals under the unconventional resources program and three proposals under the small producer program for negotiations leading to the awarding of $12.4 million.
  • 03/23/2011 -- Enterprise signs 10-year Eagle Ford oil transport deal
    Enterprise Products Partners LP has entered into a 10-year agreement with two producers in the Eagle Ford shale play of South Texas to provide 50,000 b/d of firm crude oil transportation and marketing services on its new 140-mile, 24-in. OD crude oil pipeline currently under construction.
  • 07/27/2011 -- US House passes bill to expedite Keystone XL permit decision
    The US House approved a bill setting a Nov. 1 deadline for the Obama administration to decide on TransCanada Corp.’s application for a cross-border permit for its proposed Keystone XL crude oil pipeline project.
  • 07/27/2011 -- North Dakota: New entrants eye Bakken, Three Forks
    Mountainview Energy Ltd., Cut Bank, Mont., signed a binding letter of intent to acquire a 20% interest in 67,000 gross acres, 13,400 net acres, in the Medicine Lake prospect in Divide County, ND, and Richland, Roosevelt, and Sheridan counties, Mont.
  • 07/27/2011 -- California's Kreyenhagen elevated to primary target
    HOUSTON, July 27 -- Zodiac Exploration Inc., Calgary, has upgraded the Eocene Kreyenhagen formation to a primary objective based on further analysis of engineering and geological data from its 4-9 vertical test well in Kings County, Calif.
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The oil & gas sector is under pressure on all sides. Reserves are limited and it’s becoming increasingly expensive to find and extract new resources. Margins are already being squeezed in an industry where one wrong decision can cost millions. Analyzing data used in energy exploration can save millions of dollars as we develop ways to predict where and how to extract the world’s massive energy reserves.

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