Coalbed Methane

Coalbed Methane (CBM) ImageCoalbed methane, or CBM, is a natural gas produced from coal seams or adjacent sandstones. In 1994, US coalbed methane reserves were 9.38 tcf, which was less than 6% of the domestic natural gas reserves. Production in 1994 was 777 bcf, or 4% of the natural gas production of the lower 48 states. Commercial production occurs in approximately 10 US basins. The major producing areas are the San Juan, Black Warrior, and Central Appalachian basins. CBM plays are now international with tests or pilot projects in about 15 countries. Coalbed methane is produced in Queensland, Australia, and the UK, and pilot projects are underway in China and India. Independent operators are the most active CBM exploration companies in the US. Internationally, both majors and independents are actively seeking to expand the industry.

Coalbed Methane Map

Canadian Oil Sands

CBM News

Gas shale development is now faced with challenging issues What can we expect through 2009?

Nov 1, 2008 The ongoing economic downdraft that has impacted global economies is affecting plans for gas shale development in North America for the balance of 2008 and all of 2009.

ConocoPhillips, Origin Energy form CBM-to-LNG joint venture, create long-term Australasian business

Oct 1, 2008 ConocoPhillips has teamed up with Origin Energy, the largest holder of proved and probable gas reserves in eastern Australia, to create a long-term Australasian natural gas business focused on coal bed methane (CBM) production and liquefied natural gas (LNG) processing and sales.

ConocoPhillips, Origin Energy form CBM-to-LNG JV, create long-term Australasian business

Sep 29, 2008 ConocoPhillips has teamed up with Origin Energy, the largest holder of proved and probable gas reserves in eastern Australia, to create a long-term Australasian natural gas business focused on coal bed methane (CBM) production and liquefied natural gas (LNG) processing and sales.

ConocoPhillips, Origin to create Australasian natural gas business

Sep 9, 2008

ConocoPhillips and Origin Energy will create a long-term Australasian natural gas business focused on coal bed methane production and liquefied natural gas (LNG) processing and sales.

Shaping a competitive Indonesia Pt. 2

May 1, 2008 Continuing “Shaping a Competitive Indonesia: The prime importance of building a sustainable O&G sector,” this second of a two-part special report examines three key industry developments: Alternative fuels, and the myriad ways of shaping tomorrow’s energy needs; Equipment, the building blocks on which strong fundamentals rely; and EPCM companies, changing the landscape of Indonesian O&G.

EnerJex extracting additional upside through EOR in Kansas

Apr 1, 2008 Tucked away in the middle of the US, far away from the well-known, “sexy” producing areas, is one of the top 10 producing regions in the country: Kansas.

EnerJex extracting additional upside through EOR in Kansas

Jan 21, 2008 Tucked away in the middle of the US, far away from the well-known, "sexy" producing areas, is one of the top 10 producing regions in the country: Kansas.

Petroflow to sell CBM operation for $29M

Apr 7, 2007

Petroflow Energy Ltd. has entered into a definitive purchase and sale agreement to sell its San Juan Basin coal bed methane property. The sale, which is still subject to due diligence on the part of the purchaser, is scheduled to close in May 2008 for gross cash proceeds of $29 million.

Unconventional oil and gas a boon for independents

Mar 1, 2007 Wood Mackenzie just released a new study titled “Unconventional Hydrocarbons - The Hidden Opportunity,” which estimates that unconventional oil and gas resources could approach 3.6 trillion boe worldwide - about double current estimates of undiscovered conventional resources.

Gas shale and CBM development in North America

Nov 1, 2006 The history of natural gas development is largely a story of conventional drilling and completion.

Merit Energy No. 1 in gas production, Aera Energy leads OGFJ100P in liquids

Sep 1, 2005 In the July issue of Oil & Gas Financial Journal, we gave you the first-ever rankings of the top 122 privately-held US-based E&P companies in total production (barrels of oil equivalent, or boe) for 2004.

5 on 5 - Five companies, each facing different financial challenges

Aug 1, 2005 Oil & Gas Financial Journal recently posed five key questions to five senior executives with North American E&P companies with regard to their companies’ plans for the next year or two and the challenges they expect to face.

M&A action heats up thriving Kansas-Missouri CBM play

Sep 1, 2004 Coalbed methane production in Kansas has been quietly expanding and prospering in recent years because of escalating US prices for natural gas.

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