More Unconventional News

Ultra to buy Uinta basin oil producing properties

Oct 21, 2013

Ultra Petroleum Corp., Houston, will acquire oil producing properties in Utah’s Uinta basin that Ultra said will provide “exceptional returns at oil prices well below $75/bbl.”

Canadian Natural Resources advances Horizon Oil Sands project

Oct 18, 2013

Canadian Natural Resources Ltd. said it completed several milestones at its Horizon Oil Sands project in northern Alberta in the third quarter, en route to production of 250,000 b/d of synthetic crude oil by 2017.

Contact hails Kakwa Montney tight gas-liquids well results

Oct 16, 2013

Contact Exploration Inc., Calgary, said completion of its fourth operated horizontal Middle Montney formation tight gas-liquids well extends the scope and magnitude of the company’s East Kakwa project in Alberta.

PIRA: Shale production growth makes US largest liquids producer

Oct 16, 2013

US total oil supply is expected to average 12.1 million b/d this year, making it the world’s largest oil producer, PIRA Energy Group, an energy markets consulting firm in New York, reported. PIRA counts oil supply as all liquids, including condensates.

PostRock to acquire central Oklahoma properties

Oct 15, 2013

PostRock Energy Corp., Oklahoma City, will acquire 22,000 net acres of leasehold in central Oklahoma that has current oil production and more than 10 million bbl of oil equivalent of potential in multiple reservoirs including the Woodford shale.

Athabasca Oil names Broen chief operating officer

Oct 14, 2013

Athabasca Oil Corp., Calgary, has named Rob Broen to the newly created position of chief operating officer in charge of light oil and thermal oil operations and all technical functions.

Southcross’ Eagle Ford natural gas lateral nears completion

Oct 11, 2013

Southcross Energy Partners LP reported that its 15-MMcfd rich-natural gas lateral pipeline extending its McMullen County, Tex., system further into the Eagle Ford shale will be completed this month.

Crestwood buys Arrow Bakken gathering systems for $750 million

Oct 10, 2013

Crestwood Midstream Partners LP’s wholly owned subsidiary Crestwood Arrow Acquisition bought Bakken-shale gathering company Arrow Midstream Holdings LLC in a deal valued at $750 million.

Regency Energy to buy PVR in $5.6 billion deal

Oct 10, 2013

Dallas-based Regency Energy Partners LP and PVR Partners LP reported that their respective boards have approved a definitive merger agreement in which Regency will acquire PVR for $5.6 billion, which includes the assumption of $1.8 billion of net debt.

Speakers say innovation to sustain North American gas boom

Oct 10, 2013

Innovation will sustain the North American boom in natural gas production from unconventional resources despite an extended period of low prices.

INGAA’s incoming chairman lists main 2013-14 priorities

Oct 10, 2013

Finding innovative ways to increase pipeline access to new tight gas deposits, further improving pipeline safety and integrity, and working to advance gas and electric integration will be three of the top 2013-14 priorities for US interstate natural gas pipeline operators, the incoming chairman of their national trade association said on Oct. 9.

Kinder Morgan to expand KMCC line in Eagle Ford

Oct 9, 2013

Kinder Morgan Energy Partners LP (KMEP) reported signing an agreement with a large Eagle Ford shale producer to extend the Kinder Morgan Crude and Condensate (KMCC) pipeline farther into the Eagle Ford shale in South Texas.

FOCUS: UNCONVENTIONAL OIL & GAS: Ohio's Utica shale development has room to grow

Oct 7, 2013

Ohio—once the largest oil producer in the US at the turn of the 20th century—may soon advance its rank closer to this status through 2015.

Gazprom Neft unit performs multiple frac operations in Orenburg field

Oct 4, 2013

Gazprom Neft says its subsidiary has performed multiple hydraulic fracturing operations for the first time in horizontal wells drilled into carbonate reservoirs in the eastern area of Orenburg oil and gas-condensate field.

NETL: Cleaning flowback water for reuse yields multiple benefits

Oct 1, 2013

The contribution to the US energy supply from unconventional natural gas sources, such as shale, is increasing dramatically due in large part to advanced hydraulic fracturing.

Fracing Without Fluid Removes Water from Unconventional Resource Mix

Oct 1, 2013

An unconventional frac job requires 5 million gal of water on average. About 50-80% of this amount will flow back to surface within the first few weeks of production.

Advanced technology rebuilds global hydrocarbon resource base

Oct 1, 2013

DENVER, Colo.—Technology will transform the future of the oil and gas industry. "We believe there is a nontrivial chance that unconventional reservoirs may contain more recoverable oil and gas than all of the conventional reservoirs combined," said Greg Leveille, general manager, unconventional resources, ConocoPhillips.

Activity Snapshot: North Dakota Bakken

Oct 1, 2013

South Texas county addresses disposal concerns

Oct 1, 2013

FRIO COUNTY, Tex.—Drilling for oil and gas has been limited in Frio County, yet it has the largest population of wells for wastewater disposal, or wastewater injection, in South Texas.

Pennant to build Ohio Utica shale NGL pipeline

Sep 30, 2013

Pennant Midstream LLC is building a 12-in. OD, 38-mile NGL pipeline connecting the Hickory Bend cryogenic gas processing plant in New Middletown, Ohio, to M3 Midstream LLC’s Utica East Ohio (UEO) Kensington gathering, processing, and fractionation complex in Columbiana County, Ohio.

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