There 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 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).
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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
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AN INTERVIEW WITH TERRY SWIFT AND BRUCE VINCENT OF SWIFT ENERGY
Oct 1, 2009
On its 30th anniversary, Swift Energy reveals plans for the next 30 years
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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.
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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. |
Forest Oil completes Haynesville/Bossier shale well
Feb 11, 2009
Forest Oil has reported results from its first horizontal Haynesville/Bossier shale well in the East Texas/North Louisiana corridor. |
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.
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ALTERNATIVE ENERGY, PART 1
Jan 1, 2008
Washington has created new mandates and financial incentives that promote alternative energy, including the conversion of agricultural products to ethanol and next–generation biofuels.
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Improving returns on tight gas
Jul 1, 2007
Tight or unconventional gas represents a large remaining resource in North America.
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