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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

    High gas prices force UK to offer tax incentives for shale gas development

    Dec 5, 2012

    The government of the United Kingdom is set to announce a number of tax incentives on Dec. 6 for the development of shale gas and is creating a new department (the Office for Unconventional Gas) in order to coordinate activities in the sector.

    Report calculates Colombian oil prospects for Sintana Energy

    Nov 21, 2012

    Sintana Energy Inc. has released results of an independent report detailing prospects for conventional and unconventional resources on its 43,000 acre block in Colombia.

    Fortescue invests in WA unconventional gas space

    Nov 15, 2012

    Fortescue, the world’s fourth largest iron ore producer, has entered the Western Australia unconventional gas space with an investment in Oil Basins Ltd., reported the Australian Associated Press (AAP).

    ExxonMobil, Sintana sign farmout agreement for Colombian unconventional resources

    Nov 13, 2012

    Sintana Energy Inc. has entered into a farmout agreement with Exxon Mobil Corp. for the exploration and development of unconventional oil and gas resources underlying the 43,000 acre VMM-37 Block in Colombia's Middle Magdalena Basin.

    Total gains access to Australian shale gas acreage

    Nov 7, 2012

    ASX-listed junior oil and gas exploration and production company Central Petroleum has engaged in a farm-out agreement with France’s Total for exploration of six million acres in the Southern Georgina Basin of Australia prospective for shale gas.

    BNK Petroleum provides update on Poland Gapowo B-1 well

    Oct 31, 2012

    BNK Petroleum Inc., through its wholly owned subsidiary Indiana Investments Sp. z o.o., has received additional data on the whole core from the Gapowo B-1 well in Poland.

    TransAtlantic Petroleum provides update on horizontal producing well in Turkey

    Oct 31, 2012

    TransAtlantic Petroleum Ltd. has provided initial production results of the Goksu-3H, the company's first horizontal producing well in Turkey.

    Liberty Energy encouraged by neighboring Transatlantic natural gas asset in Bulgaria

    Oct 25, 2012

    Houston, TX-based Liberty Energy Corp. has provided an update on its Bulgarian natural gas asset.

    3Legs Resources names new CEO, focuses attention on Poland shale gas

    Oct 18, 2012

    3Legs Resources plc, an independent oil and gas group focusing on the exploration and development of unconventional oil and gas resources, has named Kamlesh Parmar as CEO.

    Petsec adds to Alberta shale play acreage

    Sep 27, 2012

    Petsec Energy Ltd. has expanded its shale oil project area in the Western Sedimentary Basin of Alberta, Canada, the company said September 26.

    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.

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