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

Other Unconventional

Other Unconventional Description ImageIn addition to the well-known gas shale plays like the Barnett, Haynesville, Marcellus, and Eagle Ford, and oil plays like the Bakken, there are perhaps dozens of smaller, less well-known resource plays, many of which are in the very early stages of exploration and development. Some of the plays are shale and others are tight gas or coalbed methane. Many are in the United States and Canada, but increasingly exploration and production companies are using modern drilling and production technology to develop natural gas and oil from unconventional subsurface formations in Europe and Asia. Doubtless, unconventional resources eventually will be exploited in Africa, South America, and Australia as well. What we call “unconventional” today will be considered “conventional” in time.

Other Unconventional News

ExxonMobil plans seismic survey in Poland shale play

Nov 9, 2010

US supermajor ExxonMobil intends to commence seismic surveys on its shale gas concessions in Poland within the next few weeks, a company spokesman said on Nov. 8.

Ernst & Young quarterly report reveals an industry in flux

Nov 1, 2010

Sharp differences in economic strength or weakness between regions, new development opportunities, a changing environmental landscape and upcoming mid-term elections are creating an uncertain environment for the oil and gas industry, according to a recent report by Ernst & Young LLP.

Europe may be setting for next shale revolution

Nov 1, 2010 Europe, which has long been reliant on outside sources for its natural gas and oil supplies, may be on the brink of developing its own supplies.

Venoco has comfort zone in California, plans to develop Monterey Shale play

Nov 1, 2010 AN INTERVIEW WITH TIM MARQUEZ, CHAIRMAN AND CEO, VENOCO INC.

New partnership rules shake up shale deals

Oct 18, 2010 Price volatility fosters changing business models for gas players

New partnership rules shake up shale deals

Oct 18, 2010 Price volatility fosters changing business models for gas players

McClendon says no more major shale discoveries in the US

Oct 15, 2010

Aubrey McClendon, chairman, CEO, and founder of Chesapeake Energy, one of the first oil and gas producers to develop shale gas properties in the United States, says the “discovery bonanza” in the US is over and that investors shouldn’t expect major new shale discoveries.

Chesapeake Energy wants to export LNG

Oct 14, 2010

Mike Stice, senior vice president for natural gas projects at Chesapeake Energy, would like to create new markets for the natural gas that is inundating the US, due in part to dramatically increased production in shale gas plays. Stice said he would like to see developers build liquefaction capabilities into their LNG import terminals along the Texas Gulf Coast.

Eagle Ford Shale is tops in NGLs, but production may outpace demand

Oct 1, 2010 Of the 22 main shale plays in the United States, the one with the apparent greatest concentration of gas condensates and most liquids-rich production is the Eagle Ford Shale play in South Texas.

Eagle Ford Shale is tops in NGLs, but production may outpace demand

Oct 1, 2010 Of the 22 main shale plays in the United States, the one with the apparent greatest concentration of gas condensates and most liquids-rich production is the Eagle Ford Shale play in South Texas.

US shale gas acquisition spending totals US$21B so far this year

Sep 30, 2010

Wood Mackenzie’s latest corporate analysis highlights that upstream M&A expenditure in US shale gas totalled US$21 billion during the first half of 2010: equivalent to one third of global upstream M&A spend during the period.

British Columbia gets $760 million YTD for land sales

Sep 27, 2010

In August, the Canadian province of British Columbia sold $98 million in bonus bids in its natural gas and oil mineral rights sale, bringing the calendar year total to more than $760 million.

El Paso gains foothold in Wolfcamp Shale oil play

Sep 23, 2010

El Paso Corp. is adding to its leasehold in the emerging Wolfcamp oil shale play located in Reagan, Crockett, Upton, and Irion Counties in West Texas.

ExxonMobil awards Multi-Zone Stimulation Technology license to Calfrac Well Services

Sep 21, 2010

Exxon Mobil Corp. will license its Multi-Zone Stimulation Technology (MZSTSM) well treatment process to Calfrac Well Services Ltd. of Calgary, Alberta, Canada.

Europe's shale, CBM reserves are roughly equal to those in North America

Sep 17, 2010

European unconventional resources are on a par with North America, according to IHS CERA’s Jonathan Parry, but he expects the reserves will be developed much more slowly due to regulatory and environmental issues as well as commercial risk factors.

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