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  • Unconventional Oil & Gas

    Shale plays first come to mind when one considers unconventional resources. These unconventional resource plays may yield natural gas, gas condensates, and crude oil. Some of the more noteworthy shale plays in North America include the Bakken, Eagle Ford, Marcellus, Fayetteville, Woodford, Niobrara, Haynesville, Horn River, and Utica formations. Tight gas, coalbed methane, oil sands, and heavy oil are non-shale unconventional resources.

    SECTIONS

    Eagle Ford | Marcellus | Cline | Permian | Utica | Bakken | Woodbine & Eaglebine

    International Unconventional

    International Unconventional Description ImageThere has been substantial recent interest in shale gas potential in Eastern Europe. ExxonMobil has been working to identify shale gas resources in Germany and other large end-user markets. E&P companies have selected about a dozen basins in Europe for initial exploration, including the Cambrian Alum in southern Sweden, the Vienna Basin in Austria, multiple locations in Poland (especially the promising Gdansk Basin), the Weald Basin in England, the East Paris Basin in France (as well as two other locations in France), the Lower Saxony Basin in Germany and the very large Mako Trough in Hungary. China is another important area for shale gas, as is India. Chinese and American geologists have said that China’s shale gas potential is massive and could easily rival the largest basins in the US.

    International Unconventional News

    Ivanhoe Energy targets tight gas with drilling at Zitong-1 in China

    Jun 15, 2010

    Ivanhoe Energy Inc. announced that Sunwing Energy Ltd., the company's wholly-owned subsidiary, has commenced drilling at Zitong-1 located in Sichuan Province, China's most prolific gas producing region.

    Baker Hughes awarded horizontal well completion contract for China gas field

    Jun 8, 2010

    PetroChina recently awarded oilfield services company Baker Hughes a contract to supply 77 multistage openhole fracture completion systems for horizontal wells in the tight gas sands of the Changquing Field, China’s second largest onshore oil and gas field.

    Shell buys US shale gas company East Resources for $4.7B

    May 28, 2010

    Royal Dutch Shell PLC plans to buy East Resources Inc., a major owner of Marcellus shale gas holdings, for $4.7 billion from Kohlberg Kravis & Co., Jefferies & Co., and East Resources itself.

    Unconventional LNG to play limited role in future of LNG industry

    Apr 21, 2010

    In a video presentation to delegates at LNG16 in Oran on April 20, Frank Harris – Head of LNG Consulting for Wood Mackenzie – reflected on the heightened interest in unconventional LNG supply projects, concluding that these projects will play a limited role in the future of the LNG industry – accounting for no more than 5% of total global LNG supply in 2020.

    Shell, CNPC team up to produce natural gas in China

    Mar 23, 2010

    For the second time in a week, China National Petroleum Corp. (CNPC) and Shell have joined forces in the name of unconventional gas. Most recently, state-owned CNPC and Shell have developed a plan to jointly develop and produce natural gas in China's Sichuan basin.

    International M&A deals start to take off

    Mar 1, 2010 One large international transaction dominated the M&A arena the past month: London-based Tullow Oil's estimated $1.35 billion acquisition of Heritage Oil & Gas's 50% interest in Blocks 1 and 3A in Uganda (East Africa).

    Saltiel named to lead Atwood Oceanics

    Dec 14, 2009

    Houston-based international drilling contractor Atwood Oceanics Inc. has named Robert J. "Rob" Saltiel president and CEO.

    National Oilwell Varco acquires two private service companies

    Dec 9, 2009

    National Oilwell Varco Inc. has acquired two private businesses serving the international oil and gas industry, for total consideration of nearly $160 million in cash.

    Garcia to lead Gran Tierra Colombia management team

    Nov 25, 2009

    Gran Tierra Energy Inc., a company focused on oil exploration and production in South America, has appointed Julian Garcia as president of Gran Tierra Energy, Colombia.

    Ivanhoe Energy welcomes new CFO

    Nov 17, 2009

    Gerald (Jerry) Schiefelbein has been appointed as CFO of Ivanhoe Energy Inc. He will succeed Gordon Lancaster who will retire after six years as the company’s CFO.

    Parker Drilling specializes in difficult challenges and complex environments

    Nov 1, 2009 AN INTERVIEW WITH DAVID MANNON AND KIRK BRASSFIELD

    Tendeka appoints Smart COO, Pearson CFO

    Aug 13, 2009

    Tendeka has made two executive management appointments. The company has named Gary Smart COO and Alan Pearson CFO.

    Devon Energy ranks No. 1 in Barnett Shale

    Aug 1, 2009 Devon Energy Corp. takes top honors as the No. 1 producer in the Barnett Shale, and the company’s total gas production in that formation alone is enough for the Oklahoma City company to earn distinction as the overall leader in production from shale gas in the United States.

    Petroflow to sell CBM operation for $29

    Apr 7, 2009

    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.

    The future of the Brazilian "pre-salt" oil reserves

    Apr 3, 2009 Since the discovery of potentially massive oil reserves in the "pre-salt" region off the coast of Brazil, the Brazilian government has been grappling with how to structure and regulate exploration, drilling, and the potential for a large influx of foreign investment.

    Luiz Antonio Maia Espínola de Lemos, a partner with TozziniFreire, sheds light on the issues surrounding the pre-salt discoveries.

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