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

Western Australia sees opportunity in unconventional gas sector

Sep 27, 2012

As the global unconventional gas market gains momentum, activity in the Western Australian (WA) petroleum sector is heating up, said a senior WA government official.

Global Oil Shale Holdings hopes to unlock oil shale industry in the Hashemite Kingdom of Jordan

Sep 26, 2012

The Ministry of Energy and Mineral Resources of the Hashemite Kingdom of Jordan signed a deal with Canada’s Global Oil Shale Holdings Ltd. (GOSH) to study the economic feasibility of an oil shale project Jordan.

Quebec's natural resources minister wants complete ban on hydraulic fracturing

Sep 20, 2012

The former Liberal government in Quebec previously suspended shale gas exploration following pressure to continue investigations related to the ecologic effects of hydraulic fracturing, and now, Martine Ouellet, Quebec's new natural resources minister, has stated that she believes a complete moratorium on the practice should stand, reported Vancouver Sun.

Petrofrontier closes second tranche of private placement for $10M

Sep 19, 2012

Calgary, Alberta-based Petrofrontier Corp. has closed the second tranche of its $10.0 million non-brokered private placement.

European shale gas development still unlikely to replicate US growth

Sep 17, 2012

The shale gas revolution taking place in the US is unlikely to be repeated in Europe, at least at the pace currently taking place in North America.

Goldwyer Shale program progressing for ConocoPhillips, New Standard Energy

Sep 4, 2012

Australia-based New Standard Energy Ltd. recently provided an update on the three well drilling program that kicked off in late August with ConocoPhillips in Australia’s Goldwyer Shale.

Argentina looks to boost shale oil, shale gas production by way of China

Aug 3, 2012

A net energy importer for the first time in almost 20 years, Argentina is looking to boost output, in part, by seeking foreign partners to help unlock what the country sees as its vast unconventional oil and gas resources.

 

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.

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