More Unconventional News

Silver Creek, PostRock form Woodford JV

Jun 13, 2014

Silver Creek Oil & Gas LLC, Irving, Tex., and PostRock Energy Corp., Oklahoma City, have formed a joint venture covering 17,900 gross acres in the Woodford shale area of Cleveland and Pottawatomie counties in central Oklahoma.

Nova Chemicals processing Bakken ethane at Joffre plant

Jun 13, 2014

Nova Chemicals Corp. is now processing the first barrels of ethane supplied from natural gas associated with Bakken shale oil production at its ethylene and polyethylene complex in Joffre, near Read Deer, Alta.

WoodMac: NorAm oil output increases to outpace Middle East 4:1 by 2020

Jun 12, 2014

By 2020, increases in North American oil production will outpace that of the Middle East by 4:1 on a per barrel basis, and by 2030, North American output will increase by 390 million tonnes of oil equivalent (mtoe) from 650 mtoe in 2009, according to long-term analysis of global energy trends by Wood Mackenzie.

Mountain Valley pipeline project open season commences

Jun 12, 2014

EQT Corp. and NextEra US Gas Assets LLC, an indirect, wholly owned subsidiary of NextEra Energy Inc., have commenced with a nonbinding open season for the 2 bcfd Mountain Valley pipeline project expected to connect Marcellus and Utica natural gas supply to the US Southeast.

Noble, Consol to launch Marcellus midstream MLP

Jun 12, 2014

Noble Energy Inc., Houston, and Consol Energy Inc., Pittsburgh, have submitted a confidential draft registration statement on Form S-1 to the US Securities and Exchange Commission relating to a proposed initial public offering of common units of a master limited partnership (MLP).

Sinopec, FTSI form JV to tap China’s unconventional resources

Jun 11, 2014

Sinopec Group has entered into a 15-year joint venture agreement with FTS International (FTSI), Ft. Worth, with the intention of tapping into China’s vast unconventional resources.

Osum to purchase Orion project from Shell for $325 million (Can.)

Jun 11, 2014

Osum Oil Sands Corp., Calgary, plans to purchase the Orion oil sands project in Alberta from Shell Canada for $325 million (Can.).

Marcellus continues to defy expectations, driving US gas production ever higher

Jun 10, 2014

Shale has been the primary driver of US gas supply growth since 2007, and the Marcellus shale has been the largest single contributor to rising production.

Eagle Ford Breifs

Jun 10, 2014

Voters may decide future of fracing in Colorado

Jun 10, 2014

This year, all eyes will be on Colorado as numerous ballot initiatives have been proposed that could impact the future of hydraulic fracturing.

ConocoPhillips ramps up Eagle Ford shale development

Jun 10, 2014

ConocoPhillips Corp. has raised its resource estimate in the Eagle Ford shale by 700 million bbl to 2.5 billion bbl of oil in place after pilot tests targeting shallower levels of the formation show the company's leasehold contains more oil than previously thought.

Tuscaloosa Briefs

Jun 10, 2014

Utica Briefs

Jun 10, 2014

Marcellus Briefs

Jun 10, 2014

Bakken production growth expected to slow as the play matures

Jun 10, 2014

Production growth from the Bakken tight oil formation is expected to moderate in the next 2 years as older wells decline and new wells strain to offset natural production declines, analysis by Wood Mackenzie Ltd. shows.

North Dakota regulators seek balance in flaring plan

Jun 10, 2014

North Dakota state regulators, industry members, and mineral owners all dislike seeing natural gas go up in flames in the Bakken shale.

MDU expands North Dakota presence with greenfield refinery

Jun 10, 2014

A greenfield refinery, an interstate gas pipeline, and production from the Bakken shale are just a few of the projects being pursued by MDU Resources Group Inc. in the rolling prairie of North Dakota.

Statoil tackles Bakken flaring with innovation

Jun 10, 2014

Statoil North America Inc. is at the forefront of efforts to reduce flaring in the Bakken shale in North Dakota, pilot-testing a mobile system that converts associated gas into CNG at the wellsite.

Link strengthened between wastewater injection and Oklahoma earthquakes

Jun 10, 2014

New research suggests that a magnitude 5.7 earthquake that struck near Prague, Okla., in 2011 and led to hundreds of smaller aftershocks was triggered by a smaller quake, or foreshock, linked to wastewater injection wells near a known fault.

CAPP eases outlook for Canadian oil output

Jun 10, 2014

Oil production in Canada will increase at an average rate of 175,000 b/d/year through 2030—but not to as high a level as was forecast a year ago, reports the Canadian Association of Petroleum Producers.

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