Monthly Archives: January 2015

A projected eight million barrels of liquid natural gas and oil were added from tight plays in North America between years 2010 and 2020. Obviously, there are numerous global implications across the fields of academia, environmental advocacy, and oil advocacy. In general, the consensus from different groups is that oil prices will gradually decline due to domestic shale mining, and more information from ongoing research and development initiatives will simultaneously mitigate concerns about safety and environmental impact. Where the U.S. Is Today Currently, the tight liquids production rate in North America is approaching and passing 4 million barrels per day, including liquid natural gas. Approximately 50 percent of growth is currently attributed to Eagle Ford, and other notable growth is shared between Bakken and Permian Midland. North Dakota Bakken oil production may exceed expectations later this year depending on weather conditions. Shale Oil Could Be Exactly What the Global Econ


Ohio River Valley Pipeline, LLC, an affiliate of the EnLink Midstream companies, EnLink Midstream Partners, LP (NYSE:ENLK) (the Partnership) and EnLink Midstream, LLC (NYSE:ENLC) (the General Partner), today announced an extension of the binding open season to solicit volume commitments for interstate common carrier transportation service on a new condensate pipeline system (the “ORV Condensate Pipeline”). The open season, which was originally scheduled to end on January 15, 2015, has been extended to February 27, 2015, at 5:00 p.m. Central Time. “We’ve received significant producer interest for the ORV Condensate pipeline,” said Barry E. Davis, EnLink Midstream President and Chief Executive Officer. “We are extending the open season to allow us more time to work with interested shippers and address their requests for service on this system. This project is a game changer for our Ohio River Valley business and enables us to build upon our existing asset platform to take ad

Ongoing R&D for Shale Mining Byproducts May Open New Opportunities for Midstream Businesses The School of Mines and Technology was granted $464,000 to learn more about how Pierre Shale responds under different circumstances and how it changes over time. The end goal is to better understand how shale behaves to perfect mining practices, primarily in the in the upstream and midstream sectors. Ongoing research and development is intended to help pinpoint how useful byproducts can be captured, stored, and shipped. Potential Areas of Interest in the Future of Shale Mining A few specific areas of interest include hydraulic fracturing, fuel and waste disposal methods, carbon dioxide sequestration, and underground storage of hydrocarbons in existing shale caverns. Shale is currently one of the choice materials used to store products because it does not allow products to easily escape. Could Gas From North Dakota Flaring Off Eventually Be Shipped? There are many questions that will not be answ

2015 DUG Midcontinent Conference in Oklahoma City Houston, Texas (January 6, 2015) – Dave Hager, COO of Oklahoma City-based Devon Energy, has joined the slate of speakers for Hart Energy’s DUG Midcontinent conference. Hager, who will become Devon’s president and CEO effective August 2015, will deliver the event’s opening keynote address. The conference and exhibition, scheduled February 24-26 in Oklahoma City at the Cox Convention Center, will bring together top executives and decision makers from the region s most-active exploration and production companies. DUG Midcontinent offers two days of world-class conference sessions and networking opportunities for industry executives, geologists and engineers looking to hear about effective strategies, trends and technologies that will increase operational efficiency. Another notable speaker, Wade Hutchings, a regional vice president for Marathon Oil, will offer insight on the company’s success in the STACK, SCOOP & more, resulti