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

Central Petroleum spuds unconventional gas well in Queensland

Jul 21, 2014

Central Petroleum Ltd. says that drilling began July 20 at the Whiteley-1 unconventional gas exploration well in ATP912 of the Southern Georgina Basin in Queensland, Australia.

Halliburton, STP form JV for unconventional exploration in China

Jul 11, 2014

Halliburton, the oilfield services company with the largest hydraulic fracturing fleet, has signed an agreement with the SPT Energy Group Inc. affiliate, Petrotech (Xinjiang) Engineering Co. Ltd., to establish a joint venture company focused on hydraulic fracturing and production enhancement services in Xinjiang, China.

UK National Grid predicts UK shale gas could meet third of demand by 2030s

Jul 10, 2014

The UK’s National Grid believes that a third of Britain's gas needs could come from its own shale gas by the early 2030s if government policies and economic growth allow firms to invest in gas exploration, Reuters reports.

NZOG to explore for unconventional oil and gas in Central Sumatra

Jul 9, 2014

New Zealand Oil & Gas Ltd. reports that the right to explore for unconventional oil and gas resources in Central Sumatra, Indonesia, has been awarded to a consortium in which New Zealand Oil & Gas holds an 11.25% interest.

Linc Energy to begin underground coal gasification operation in Poland

Jul 7, 2014

Linc Energy Ltd. has gained initial approval from the Polish Ministry of the Environment to begin an Underground Coal Gasification (UCG) project in Poland.

Scotland’s shale may supply 30 years of UK gas needs

Jul 1, 2014

Scotland could hold enough shale gas resources to cover UK gas needs for more than 30 years, according to a geological report published by the British government, and reported by Reuters. But Scotland's roughly 80 trillion cubic meters of gas is only around 6% of Britain's potential, with the rest mainly in the Bowland shale region across northern England.

Denmark to join shale gas quest in Europe

Jun 30, 2014

The city council of Frederikshavn, Denmark, has issued Total a permit to drill the first test wells for shale gas, Reuters has reported.

UK announces unconventional petroleum licensing model clauses

Jun 26, 2014

Energy Minister Michael Fallon took the opportunity on 24 June 2014 at the UK Shale Conference to cite the energy security crises in the Ukraine and Iraq as further reason for the UK to focus on shale gas and oil exploration.

NZEC relinquishes Castlepoint, Wairoa permits in NZ's East Coast Basin

Jun 24, 2014

New Zealand Energy Corp. has relinquished the Castlepoint and Wairoa permits in the East Coast Basin of New Zealand's North Island.

Indonesia awards second shale gas block

Jun 24, 2014

Indonesia has awarded its second shale gas exploration block to a consortium of foreign oil firms that included New Zealand Oil & Gas Ltd., according to Reuters.

ExxonMobil continues talks with Turkey over shale gas exploration

Jun 23, 2014

ExxonMobil is in talks with state-run Turkish Petroleum Corp. over a venture to explore for shale gas in the country's southeast and northwest regions, Reuters reports.

Sinopec, FTSI form JV to tap China’s unconventional resources

Jun 17, 2014

Sinopec Group has entered into a 15-year joint venture agreement with FTS International (FTSI), with the intention of tapping into China’s vast unconventional resources.

FTSI enters Chinese market with JV agreement

Jun 12, 2014

FTS International (FTSI) has entered into a 15-year joint venture agreement with the Sinopec Group. Upon incorporation in China, the joint venture company, SinoFTS Petroleum Services Ltd., will be owned 55% by Sinopec and 45% by FTSI.

Carnarvon to explore two permits in Barrow sub-basin

Jun 5, 2014

Carnarvon Petroleum Ltd. has been awarded two contiguous blocks on the eastern flank of the prolific oil producing Barrow sub-basin: Petroleum Exploration Permit EP-490 (bid block L11-6) and TP/27 (bid block T11-3) offshore Western Australia. Carnarvon is the operator and 100% working interest holder in these blocks, which cover a total area of 675 square miles (1,750 square kilometers).

Germany to set new rules for fracking

Jun 5, 2014

Germany plans to draw up new rules for the controversial method of fracking for gas, which will impose tight restrictions on the technique that has led to a shale gas boom in the US, says Reuters.

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