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

Baker Hughes launches environmentally preferred fracturing fluid systems

Dec 8, 2010

Baker Hughes Inc. has launched its BJ SmartCare™ family of environmentally preferred fracturing fluids and additives.

Poland's ORLEN seeks Ukrainian conventional, shale gas

Dec 7, 2010

Poland’s largest oil company, PKN ORLEN, has signed a cooperation agreement with the Ukrainian Ministry of the Environment for the exploration and production of conventional hydrocarbons and shale gas in the Ukraine.

Diamond Castle Holdings invests in Professional Directional Enterprises

Dec 6, 2010

Diamond Castle Holdings LLC has invested in Professional Directional Enterprises Inc., a large independent provider of directional and horizontal drilling services to oil and natural gas exploration and production companies.

Shale gas assets offer acquirers rich reserves, stable production

Dec 1, 2010 Chevron's announcement last month that it is acquiring Atlas Energy, a large acreage holder in Pennsylvania's gas-rich Marcellus shale play for $4.3 billion, is another sign that the long-term outlook for natural gas is positive.

Report says US can slash carbon emissions with natural gas

Nov 18, 2010

The shale gas boom could help the United States reduce greenhouse gas emissions even if Congress does not pass broad climate legislation, according to a Deutsche Bank report.

Americas Petrogas teams up with Apache in search of shale gas in Argentina

Nov 11, 2010

Americas Petrogas Inc. has entered into an agreement with Apache Energia Argentina SRL, a subsidiary of Apache Corp., to explore Huacalera block in the western region of Argentina's Neuquen Basin.

Global upstream spending for 2010 may reach $380B by year end

Nov 11, 2010

Analysis of companies’ investment plans by Wood Mackenzie reveals that global upstream capital spending in 2010 is likely to exceed US$380 billion, indicating that confidence has returned to many regions and sectors of the upstream industry, however recovery is not uniform.

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.

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