Unconventional Resources

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.

  Rocky Mountain
Eagle Ford
  Bakken
   Shale Gas Plays

Unconventional Resources News

Chesapeake puts some DJ basin assets on sales block

May 24, 2012

Chesapeake Energy Corp., Oklahoma City, has put 503,863 net acres of its oil and natural gas holdings in the Denver-Julesberg basin up for sale. The acreage includes the Niobrara shale play of northern Colorado.

El Paso spokesman calls fracturing controversy misdirected

May 24, 2012

Much of the public concern about possible water contamination from unconventional oil and gas operations is misdirected, David Blackmon, director of government affairs for El Paso Corp., told a Mayer Brown LLP energy conference in Houston on May 23.

Texas regulators to review natural gas flaring rules

May 24, 2012

The Texas Railroad Commission and the TRC’s Eagle Ford Task Force plan to study whether existing state regulations on flaring and venting associated with oil and natural gas operations need to be updated, Commissioner David Porter said in a May 23 news release from his Austin office.

Calgary firm to test Vaca Muerta in Neuquen subbasin

May 24, 2012

Americas Petrogas Inc., Calgary, said it will spud the La Hoya x-1 exploratory well in early June 2012 with the Jurassic-Cretaceous Vaca Muerta shale as primary objective on the 293,600-acre Totoral block in the Picun Leufu subbasin of the Neuquen basin in Argentina.

Penn Virginia to expand Marcellus gas gathering system

May 23, 2012

Penn Virginia Resource Partners will begin building natural gas pipeline extensions in the Marcellus shale in Pennsylvania, providing an outlet for producers to link to El Paso Corp.'s Tennessee Gas Pipeline and Williams Cos.’ Transcontinental pipeline for shipment to markets in the US Northeast.

Magnum Hunter unit to buy Bakken assets from Baytex

May 23, 2012

Bakken Hunter LLC, a subsidiary of Magnum Hunter Resources Corp., closed a $312 million acquisition of Baytex Energy Corp.’s nonoperated interests in North Dakota.

Monterey shale oil eyed at Santa Barbara's Zaca field

May 23, 2012

Underground Energy Corp., Santa Barbara, Calif., will attempt to complete the Monterey shale at the Chamberlin 3-2 well on the 7,750-acre Chamberlin lease in its Zaca field extension project in Santa Barbara County, Calif.

Massive investment needed for oil, gas facilities, experts say

May 22, 2012

Billions of dollars will be needed to build additional pipelines, terminals, and storage facilities to bring new US oil and natural gas resources to market, experts said on May 21 during Deloitte LLP’s 2012 Washington Energy Conference.

Deloitte report sees crucial energy role for water management

May 22, 2012

Water management will play an increasingly crucial role in energy globally as well as in the US, experts at Deloitte LLP’s 2012 Washington area energy conference forecast on May 21.

MDU Resources unit buys Bakken midstream assets

May 21, 2012

MDU Resources Group Inc., through its Bitter Creek Pipelines LLC subsidiary, plans to pay $66 million for a 50% interest in Whiting Oil & Gas Corp.’s Bakken midstream assets near Belfield, ND.

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