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

With third Polish exploration well, San Leon uncovers new potential unconventional gas play

Feb 14, 2012

Europe and North Africa-focused San Leon Energy has completed the drilling and initial evaluation of another unconventional gas well in Poland and discovered a new potential unconventional gas play in the process.

Halliburton, PETRONAS Carigali collaborate on evaluation, development of shale resources

Feb 10, 2012

Halliburton has signed an agreement with PETRONAS Carigali Sdn Bhd, the national oil company of Malaysia, for the evaluation and development of global shale resources.

San Leon completes second Polish shale gas exploration well

Feb 10, 2012

Europe and North Africa-focused San Leon Energy said today that it has successfully completed its second shale gas exploration well in Poland's Baltic Basin.

CNOOC completes OPTI acquisition

Nov 28, 2011

CNOOC Luxembourg S.a r.l, an indirect wholly-owned subsidiary of CNOOC Ltd., has completed its acquisition of OPTI Canada Inc. The total value of the consideration is approximately US$2.1 billion.

San Leon completes first shale gas exploration well in Baltic Basin

Nov 18, 2011

HESS awards KCA DEUTAG Euro shale oil drilling contract in France

Nov 15, 2010

KCA DEUTAG, the international drilling and engineering contractor, has been awarded a contract by HESS Oil France S.A.S with a total firm contract value in excess of €6.5 million.

Indonesia to accept offers on 24 blocks, including 9 CBM areas

Nov 11, 2010

The Indonesian government plans to offer 24 new oil and gas blocks for lease, plus an additional 9 coalbed methane (CBM) areas, according to an official with Indonesia’s energy and minerals ministry.

Europe may be setting for next shale revolution

Nov 1, 2010 Europe, which has long been reliant on outside sources for its natural gas and oil supplies, may be on the brink of developing its own supplies.

Petromanas Energy names McNamara CEO

Sep 20, 2010

Petromanas Energy Inc. (TSXV:PMI) has appointed Glenn A. McNamara CEO and named him to the company’s board of directors.

Shell CEO likes North American shale but doesn't see similar development in Europe

Sep 15, 2010

Speaking at the World Energy Congress in Montreal on Sept. 13, Shell CEO Peter Voser spoke positively about the impact of natural gas and oil shale plays in North America and South Africa. However, he was less optimistic about the development of European shale assets.

China: CBM will make up one-third of unconventional gas supply by 2030, account for 14% of total domestic supply despite slow production growth

Sep 2, 2010

According to a recent Wood Mackenzie report, China’s coal bed methane (CBM) growth is currently slow but will make up one third of unconventional gas supply to the country in the long-term. This leaves room for emerging leader, PetroChina, to position itself either independently or with foreign partners as a player in the future of global unconventional gas.

Halliburton performs first hydro-fracking operation in Poland

Aug 13, 2010

Oil services giant Halliburton recently performed the first-ever, shale hydraulic fracturing operation in Poland for PGNiG.

US ranks near bottom as home base for overseas upstream oil, gas investment

Aug 2, 2010

China gas study: Strong demand growth will persist but exporters should secure contracts before unconventional gas constrains new LNG imports

Jul 26, 2010

Wood Mackenzie’s new study looking at the fundamentals of the China gas industry titled ‘Race for Supply – the Future of China’s Gas Market’ finds that unconventional gas, particularly shale, will increase significantly to help meet China’s strong gas demand growth.

Sino Oil and Gas concludes agreement for CBM project in Shanxi, Shaanxi

Jul 21, 2010

Sino Oil and Gas Holdings Ltd. (formerly Genesis Energy Holdings Ltd.) has entered an acquisition agreement with an independent third party for the acquisition of the entire issued share capital of coalbed methane company Orion Energy International Inc. for roughly US$301 million.

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