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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

    Lion Energy to conduct unconventional joint studies in Sumatran Basin

    Mar 3, 2015

    Lion Energy Ltd. has received formal approval from the Directorate General of Oil and Gas (MIGAS) of the award of two separate unconventional joint studies over two highly prospective areas in Indonesia’s North and Central Sumatra basins.

    Chevron exits shale gas exploration in Romania

    Feb 24, 2015

    Chevron, which began shale gas drilling at its exploration well in northeastern Romania in 2014, has exited this exploration, according to Bloomberg, which says that Chevron is also ending its three other concessions in Romania.

    Sinopec to lead new national shale oil R&D center in China

    Feb 10, 2015

    Sinopec will head up China’s new National Shale Oil R&D Centre – an innovation platform approved by China’s National Energy Administration.

    IOCs may help China develop its unconventional and deepwater reserves

    Feb 9, 2015

    As China’s onshore oil fields mature, its three state-owned oil companies – CNOOC, CNPC, and Sinopec – are looking to develop the country’s unconventional and deepwater reserves, says Douglas-Westwood, which commented on "Opportunities for IOCs in China?" in its latest edition of DW Monday.

    Madalena Energy makes board changes

    Jan 27, 2015

    Madalena Energy Inc. has confirmed that Gus Halas has been appointed to Madalena’s board of directors and that Steven Sharpe has been elected chairman of the board.

    Vaca Muerta shale field increases region’s production output

    Jan 20, 2015

    Argentine provincial government data show that oil production in the country’s vast Vaca Muerta shale play, which is located in the Neuquén province, rose 6.75% in the second half of 2014 compared to the first half of the year, according to a Reuters report.

    GlobalData: Russia looks to Asia to ease oil and gas industry pressures

    Jan 14, 2015

    External pressures on Russia’s oil and gas industry have compelled the country to seek partnerships with Asia-based companies to help with the production and marketing of its vast hydrocarbon resources, said Anna Belova, GlobalData’s upstream analyst covering the Former Soviet Union.

    Dispute resolution in oil and gas

    Jan 13, 2015

    Mechanisms to achieve a favorable outcome without disrupting business or souring relations with the opposing party

    AAG achieves milestones at Panzhuang CBM concession in China

    Jan 13, 2015

    AAG Energy Ltd., an independent coalbed methane (CBM) producer in China, focusing on the development and value optimization of unconventional gas resources to supply energy to the Chinese economy, says that the gross daily CBM production from its Panzhuang concession exceeded 50 million cubic feet per day on Dec. 24, 2014.

    Second Exxon Vaca Muerta shale well flows

    Dec 19, 2014

    Exxon Mobil Corp. has drilled its second well in the vast Vaca Muerta shale formation in Argentina, and, according to news sources, the company says that this second well is flowing at levels that meet or exceed the results of the first well.

    Petrox shareholders approve proposed amalgamation

    Dec 17, 2014

    Petrox Resources Corp. reports that its shareholders have approved the proposed amalgamation transaction with Shanghai Sinooil Energy Holding Corp.

    YPF signs shale exploration agreement with Petronas

    Dec 11, 2014

    Argentina's YPF has signed its $550 million agreement with Malaysia's Petronas for shale exploration in Argentina’s large Vaca Muerta shale formation, according to Reuters.

    Australia struggling to commercialize unconventional resources

    Dec 10, 2014

    Following disappointing results from recent exploration and production activities, Australia needs, now more than ever, a liquids-rich play to begin widespread and commercial unconventional development in the country, said Jonathan Lacouture, a GlobalData upstream analyst covering Asia-Pacific.

    Shell, Total to invest with GyP to develop shale projects in Argentina

    Dec 2, 2014

    Royal Dutch Shell Plc and Total SA will invest $550 million with Gas y Petróleo del Neuquén SA (GyP), an energy company owned by the Argentine province of Neuquén, to develop two shale oil and gas pilot projects, according to a Reuters report.

    NCS Multistage proves performance of discrete fracture placement in Montney play

    Dec 2, 2014

    NCS Multistage reports the successful deployment of the company's patented Multistage Unlimited frac-isolation system to complete four Montney gas wells in the Pouce Coupe field. 

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