More Unconventional News

Progress completes acquisition of Montney acreage

Dec 17, 2013

Progress Energy Canada Ltd., a wholly owned subsidiary of Malaysian national oil and gas company Petronas, has acquired acreage in northeast British Columbia’s Montney basin from Talisman Energy Inc. for $1.5 billion (Can.).

Penn Virginia to sell Eagle Ford midstream assets

Dec 16, 2013

Penn Virginia Corp. has entered into a definitive agreement to sell its Eagle Ford shale natural gas midstream assets to a newly formed affiliate of ArcLight Capital Partners LLC for $100 million. The sale is expected to close in first-quarter 2014.

Baker Hughes: US drilling rig count rises to 1,782

Dec 13, 2013

The US drilling rig count gained 7 units to reach 1,782 rigs working in the week ended Dec. 13, Baker Hughes Inc. reported.

Haynesville continues decline as operators seek out wet gas plays

Dec 13, 2013

In October, Louisiana's Haynesville shale produced approximately 6 bcfd.

Eagle Ford Briefs

Dec 13, 2013

Eagle Ford tops US oil producers at 1 million b/d

Dec 13, 2013

The Eagle Ford produced 1 million b/d in August and that number is expected to rise to 1.09 million b/d of oil through November, according to a recent report from the US Energy Information Agency (EIA).

MARCELLUS Briefs

Dec 13, 2013

New York, New Jersey see more Marcellus supply

Dec 13, 2013

The US Energy Information Administration (EIA) October Drilling Productivity Report showed a projected productivity increase of 160 Mcfd per rig in the Marcellus shale in November versus October.

UTICA Briefs

Dec 13, 2013

Ohio's Utica shale expected to grow through 2015

Dec 13, 2013

Operators drilled 215 shale wells in Ohio in 2012, of which 87 wells are now producing oil and gas, according to data from the Ohio Department of Natural Resources (DNR).

BAKKEN Briefs

Dec 13, 2013

Efficiency Gains Improve Bakken Production

Dec 13, 2013

Although the number of rigs at work in the Williston basin peaked more than a year ago, production in the Bakken-Three Forks tight oil play continues to grow as operators like Continental Resources find new ways of reducing the amount of time it takes to drill a well and improve completion techniques to enhance recovery.

Bakken operators test Tyler formation in North Dakota

Dec 13, 2013

In southwest North Dakota, vertical wells in the Tyler formation are typically described as "hit or miss."

Niobrara Briefs

Dec 13, 2013

Production from Niobrara shale continues to rise

Dec 13, 2013

In Colorado's D-J basin, daily output of oil and natural gas from the Niobrara shale continues to climb. This scenario is expected to continue, despite attempts to limit development on the political front.

Panelists at Houston forum say shale enthusiasm must be kept in perspective

Dec 13, 2013

HOUSTON, Tex.—The idea that the US can achieve energy independence through the exploitation of shale resources may make a good talking point for politicians, but industry experts cautioned against buying into the notion at a recent forum in Houston.

Flint Hills, environmental groups reach accord on West refinery expansion

Dec 12, 2013

Flint Hills Resources has agreed to implement additional emissions-reduction measures and more-stringent monitoring for proposed projects aimed at increasing processing capabilities for Eagle Ford crude at its 230,000-b/d West refinery in Corpus Christi, Tex.

Marathon to ramp up US resource play activity

Dec 11, 2013

Marathon Oil Corp. plans to accelerate its US resource play activity and market its North Sea assets in 2014, the company said at its analyst day in New York.

PAA to expand Permian, Mississipian Lime crude pipeline systems

Dec 11, 2013

Plains All American Pipeline LP (PAA) announced four projects to expand its Permian basin pipeline infrastructure over the next few years. PAA expects the four projects to be completed in stages throughout 2014 and early 2015.

Gulfport Energy expands Ohio management team

Dec 10, 2013

Oklahoma City-based independent Gulfport Energy Corp. has added to its Ohio management operations as the company increases its focus on the Utica shale.

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