• 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.


    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.

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    Canadian Oil Sands
    Canadian Oil Sands

    Oil Sands News

    ConocoPhillips sells Clyden oil sands asset

    Aug 13, 2013

    ConocoPhillips has agreed to sell its 100% interest in the Clyden oil sands leasehold to Imperial Oil and ExxonMobil Canada for approximately $720 million (C$751 million). Comprising 226,000 net acres of undeveloped land, Clyden is located near the southern edge of the Athabasca oil sands and south of Fort McMurray, Alberta.


    Schlumberger acquires Gushor Inc.

    Jun 19, 2013

    Schlumberger has acquired Gushor Inc., a petroleum geochemistry and fluid analysis company based in Calgary, Alberta, Canada, that provides exploration and production (E&P) solutions in the heavy oil and oil sand industry.

    Hardcore enviros are not realistic

    Jun 11, 2013

    We hear a lot of noise these days from people who call themselves environmentalists. They come from all walks of life.

    Global energy story still unfolding

    May 1, 2013

    Let's talk about the dramatic changes that have taken place in the petroleum industry just in the past several years. It's quite a story.

    What the frac is a man camp?

    Apr 1, 2013

    Man camps. What exactly are they? This is the same question currently being posed by state, city, and county officials in booming oil towns across the United States and in Canada.

    Wood Mackenzie: Canadian crude prices to remain volatile as production from sanctioned oil sands projects ramps up

    Mar 27, 2013

    Canadian crude prices are expected to remain volatile for the rest of this decade according to a recent report by Wood Mackenzie. Even considering new infrastructure build, export capacity will remain tight as production from both Canada's oil sands and North Dakota's Bakken continues to increase.

    Canadian gas sector to benefit from restrictions on foreign investments in oil sands

    Jan 18, 2013

    As a result of newly-announced investment restrictions concerning the level of control that state-owned enterprises (SOE) can have in Canadian oil sands companies, foreign investment by SOEs with controlling powers will likely be redirected to Canada’s gas sector.

    CEC North Star moves forward with its heavy oil projects in Canada

    Dec 28, 2012

    Calgary-based CEC North Star Energy Ltd., a private heavy oil company with substantial oil sands lease holdings in the Peace River block of northern Alberta, has updated the findings of its geological analysis and is continuing to de-risk the project.

    Oil States to acquire Tempress Technologies

    Dec 17, 2012

    Houston-based Oil States International Inc. (NYSE: OIS) said Dec. 17 that its subsidiary, Oil States Energy Services Inc., has acquired Tempress Technologies Inc.

    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.

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