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

Total set to acquire UTS, interest in Fort Hills oil sands

Jul 7, 2010

Total E&P Canada Ltd. has agreed to acquire UTS Energy Corp. with its main asset, a 20% interest in the Fort Hills oil sands project in the Athabasca region of the Canadian province of Alberta, for C$1.5 billion (US$1.4 billion).

ConocoPhillips completes $4.6B sale of Syncrude interest to Sinopec

Jun 28, 2010

ConocoPhillips (NYSE:COP) has completed the $4.65 billion sale of its 9.03% interest in Syncrude with subsidiaries of refining giant Sinopec International Petroleum Exploration and Production Company (SIPC). 

As blame game over spill goes on, engineers are working to stop leak

Jun 1, 2010 The blame game goes on in Washington, Baton Rouge, Houston, and elsewhere.

Nexen sells Canadian heavy oil assets to Northern Blizzard for $975M

May 20, 2010

Canadian oil sands may become top source of crude oil imports to US in 2010

May 13, 2010

The Canadian oil sands have increasingly become an important source of global oil supply growth and are now poised to become the number one source of US crude oil imports in 2010, according to new research from the IHS CERA Canadian Oil Sands Dialogue.

Marathon evaluating Flying Dutchman prospect

May 10, 2010

Houston-based Marathon Oil Corp. said Monday, May 10, that it is evaluating a discovery well on the Flying Dutchman prospect, located on Green Canyon Block 511, in the Gulf of Mexico.

Nexen names Fox VP of international oil, gas

Apr 7, 2010

Canadian-based independent energy company Nexen Inc. has appointed Matt Fox as executive vice president, international oil and gas.

Susan MacKenzie named COO of Oilsands Quest

Mar 30, 2010

Oilsands Quest has appointed Susan MacKenzie as COO.

Devon, BP form Kirby oil sands joint venture

Mar 12, 2010

Devon Energy Corp. has formed a heavy oil joint venture with BP to develop BP's Kirby oil sands leases in Alberta, Canada. In order to facilitate the oil sands joint venture, Devon will acquire 50% of BP's interest in the Kirby oil sands leases.

Devon, BP enter $7B asset transaction, oil sands JV

Mar 11, 2010

Oklahoma City-based independent energy company Devon Energy Corp. has entered into agreements to sell all of its assets in the deepwater Gulf of Mexico, Brazil, and Azerbaijan to BP for $7 billion. The two companies also plan to form a heavy oil joint venture to develop BP's Kirby oil sands leases in Alberta, Canada.

Grizzly submits application for Algar Lake oil sands project

Mar 4, 2010

Grizzly Oil Sands ULC, a company in which Oklahoma City-based Gulfport Energy Corp. holds an approximate 25% interest, submitted an application to the Alberta Energy Resources Conservation Board and Alberta Environment for the development of an 11,300 barrel per day oil sands project at Algar Lake.

Service and supply firms furnish industry's technology and expertise

Feb 1, 2010

Oilfield service and equipment supply companies form the backbone of the petroleum industry. Without them, oil and gas exploration and production would be difficult to impossible.

Recovery continues as income, revenues show steady increase over two quarters

Feb 1, 2010 A year ago when we reported third-quarter financial results from 2008, income had jumped 66% on revenues that were up 112% from 3Q07. A lot of water has passed under the bridge since then.

For C$250, ExxonMobil, Imperial buy oil sands assets from UTS

Nov 3, 2009

Calgary-based UTS Energy Corp. has sold its 50% working interest in Alberta Oil Sands Lease Nos. 421, 022 and 023 located east of the Firebag River in north-eastern Alberta to Imperial Oil and ExxonMobil for C$250 million.

Stand up for natural gas industry

Nov 1, 2009 I realize I'm preaching to the choir here, but I still don't see why America isn't making better use of its abundant natural gas resources.

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