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 Barnett, Haynesville, Marcellus, Eagle Ford, Fayetteville, Woodford, Bakken, Niobrara, 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

Horizontal drilling boosts production in Mississippi Lime

Aug 1, 2012

Technology typically used for drilling and completing wells in shale formations has created a resurgence of interest in a non-shale play, the Mississippi Lime in northern Oklahoma and southern Kansas.

Diversity characterizes Apache, but emphasis is on US onshore

Aug 1, 2012

AN INTERVIEW WITH APACHE CORPORATION

An oil revolution is taking place in the US West and Mid-Continent

Jul 1, 2012

While the blockbuster plays in states such as Texas and North Dakota make the biggest headlines for increases in US crude oil production, there's no denying that developments in other states together add up to significant gains.

Search for Poland Shale gas gets boost from San Leon Energy

Jun 26, 2012

Following the initial evaluation phase of the Siciny-2 well in the Carboniferous Basin in Poland and having evaluated the quality of five prospective zones for unconventional shale and tight gas accumulations, San Leon Energy is moving forward with a 220 km2 3D seismic survey over the location.

Red tape contributed to ExxonMobil's decision to withdraw from Poland

Jun 19, 2012

Oil & Gas Financial Journal previously reported that Exxon Mobil Corp. [NYSE: XOM] had pulled the plug on further shale exploration in Poland due to poor results from test wells. However, there may be more to the story than simple economics.

BREAKING NEWS: ExxonMobil drops shale plans for Poland

Jun 18, 2012

In what appears to be an abrupt turnabout, Texas-based Exxon Mobil Corporation [NYSE: XOM] said on Monday, June 18 that it will not pursue shale gas exploration in Poland.

Apache provides details about its liquids-rich portfolio

Jun 15, 2012

Houston-based Apache Corporation [NYSE, Nasdaq: APA] on June 14 released a new, detailed resource estimate of its oil- and liquids-rich portfolio, including substantial holdings in the Permian Basin and Anadarko Basin, recently acquired acreage in the liquids-rich Mississippian Lime and Williston Basin resource plays, and significant new plays and oil exploration prospects in Canada, Argentina, Alaska, and Kenya.

Rosneft and ExxonMobil will develop tight oil reserves in Western Siberia

Jun 15, 2012

Russia’s Rosneft and ExxonMobil signed an agreement on June 15 to jointly develop tight oil reserves in Western Siberia and establish a joint Arctic Research Center for Offshore Developments.

TransAtlantic Petroleum to divest oilfield services

Jun 7, 2012

TransAtlantic Petroleum Ltd. announced June 7 that the Turkish Competition Authority has approved the company's sale of its oilfield services business to Dalea Partners, LP, an affiliate of N. Malone Mitchell, 3rd, TransAtlantic’s chairman and CEO.

Poll: China will become world's largest producer of shale gas by 2030

Jun 7, 2012

Delegates at the World Gas Conference in Kuala Lumpur believe China has the potential to overtake North America and become the world’s leading producer of shale gas by 2030, according to a poll conducted by GL Noble Denton.

Shell will help develop shale gas in China

Jun 5, 2012

Peter Voser, the CEO of Royal Dutch Shell, told a group of reporters at a news conference in Kuala Lumpur, Malaysia, June 5 that the oil major will apply its technology, operational expertise, and global experience to jointly develop shale gas in China with state-controlled China National Petroleum Corp.

Ex-Im to finance $2.95B in US exports for Australia LNG project

May 10, 2012

The Export-Import Bank of the United States has authorized a $2.95 billion direct loan to support US exports to the Australia Pacific liquefied natural gas (LNG) project. The transaction is Ex-Im’s second-largest single-project financing in history and is also the Bank’s first LNG project in Australia.

PetroChina discussing shale JV with Shell and Hess

Apr 5, 2012

PetroChina Co., which recently surpassed ExxonMobil as the world’s largest energy producer, is in talks with Royal Dutch Shell PLC and Hess Corp., about forming a joint venture to develop shale oil in the Santanghu Basin in northwestern Xinjiang province, according to a PetroChina subsidiary.

BNK begins drilling Poland well to test shale characteristics

Feb 29, 2012

BNK Petroleum Inc.’s wholly owned subsidiary Indiana Investments Sp. Z o.o. said that on February 28, 2012 the company began drilling the Miszewo T-1 well on its Trzebielino concession block in Poland.

ZaZa, Toreador complete merger to create international resource company

Feb 23, 2012

ZaZa Energy Corp. has completed the combination of Toreador Resources and ZaZa Energy LLC, creating an international resource-focused exploration and production company.

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