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

Oil Sands

Surprising to many, Canada is the No. 1 oil exporter to the United States. Increasingly, these supplies come from Canada’s oil sands in northern Alberta. That province’s estimated oil sands deposits are in excess of 1.7 trillion barrels of crude bitumen. More than $91 billion has been invested in the oil sands in recent years and over $170 billion in oil sands-related projects. Venezuela and California are also heavy oil producers.

Related Maps

Canadian Oil Sands
Canadian Oil Sands

Oil Sands News

Nexen, CNOOC deal receives Canadian approval

Dec 7, 2012

Canadian-based energy company Nexen Inc. said Friday that under the terms of the Investment Canada Act, the Honourable Christian Paradis, Minister of Industry, has approved the proposed acquisition of Nexen by CNOOC Limited (CNOOC). No further approvals are required in Canada.

Oil sands producer Suncor Energy selects AVEVA for data management

Nov 15, 2012

Canadian oil sands producer Suncor Energy has implemented AVEVA NET to support its data integrity management program for a new bitumen processing project in Alberta.

Canada oil sands continue to gain global attention

Nov 14, 2012

Canada holds the largest crude oil deposits outside the Middle East, most of which are in the form of oil sands, and are expected to play a major role in supplying the world’s future energy requirements, states a new report by energy experts GlobalData.

Sunshine Oilsands closes CDN$200M syndicated credit facility

Oct 12, 2012

Calgary based Sunshine Oilsands Ltd. has closed a CDN$200 million syndicated secured credit facility that will be used to complete the final construction of the ongoing West Ells project, to fund the front end portion of the Thickwood project and to advance program and regulatory development to expand capacity for the West Ells, Thickwood and Legend Lake projects.

Surmont Energy submits applications for Alberta Wildwood oil sands project

Oct 4, 2012

With applications for regulatory approval submitted, Calgary-based private company Surmont Energy Ltd. has reached another milestone in its Alberta oil sands production plan.

M&A pace increases as China strikes its biggest deal to date

Sep 1, 2012

As previously reported by PLS Inc., Chinese and Asian NOCs have been active buyers in the acquisition markets accounting for approximately 15% - 20% of the global value for E&P deals since 2009.

Shell awards Alberta oil sands supply contract to Iracore International

Aug 23, 2012

Hibbing, Minn.-based Iracore International Inc. has been awarded a long-term contract by Shell Canada Energy for the supply of Iracore lined pipe and fittings for use in the Alberta oil sands.

CNOOC, Nexen agree to merge

Jul 23, 2012

CNOOC Ltd. and Nexen Inc. have entered into a definitive agreement under which CNOOC Limited will acquire all of the outstanding common shares of Nexen for US$27.50 per share in cash.

Technology unlocks more Bakken oil

Jul 1, 2012

Production from the Bakken formation in the Williston Basin has been improving steadily with technological advances.

Some oil sands producers improving their environmental performance

Jul 1, 2012

While overall greenhouse gas (GHG) emissions from oil sands operations are still rising, some producers are improving their environmental performance, according to the latest available government data analyzed by CanOils.

US oil plays threaten Canadian oil sands margins

Jun 11, 2012

The Canadian oil sands industry may once again be forced to table projects as it did in 2008 and 2009 when the global recession added to difficulties already faced by the industry. In addition to high operational costs, declining oil prices, and a skilled personnel shortage, oil sands projects now face competition from growing tight oil production from US oil plays – particularly North Dakota’s Bakken, noted Wood Mackenzie in a recent report. 

Study: US must encourage development of Canadian oil sands, mitigation of CO2 emissions

Jun 11, 2012

To successfully reduce the United States' dependence on fuels from outside North America, the government must pursue policies that foster the diversion of Canadian oil sands crude to US Gulf Coast refineries, according to a new study by Rice University’s Baker Institute for Public Policy.

Surmont Energy completes $8.5M Alberta oilsands exploration program

Mar 23, 2012

Calgary-based private company Surmont Energy Ltd. has completed its winter 2011/2012 oilsands exploration program at the company’s oilsands leases located about 70 kilometres southwest of Ft. McMurray, Alberta.

Surmont receives initial results of oilsands drilling program

Feb 29, 2012

Calgary-based private company Surmont Energy Ltd. has begun to receive initial corehole results from its 2011/2012 Alberta oilsands drilling program.

Surmont Energy completes Alberta oilsands 3-D seismic program

Jan 17, 2012

Calgary-based private company Surmont Energy Ltd., in conjunction with its operating partner Bounty Developments Ltd., has completed field acquisition of a $3 million 13 square kilometer 3-D seismic program southwest of Ft. McMurray, Alberta.

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