Other Unconventional
In 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
New partnership rules shake up shale deals
Oct 18, 2010
Price volatility fosters changing business models for gas players
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New partnership rules shake up shale deals
Oct 18, 2010
Price volatility fosters changing business models for gas players
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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.
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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.
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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. |
Ernst & Young: Unconventional resources hold promise, and uncertainty
Sep 15, 2010
Long-term growth in shale gas production is expected to play an important role in shaping North American, European and Asian natural gas demand, according to a new report released September 14 by Ernst & Young at the World Energy Congress. |
Strategies are changing for unconventional gas (and oil) development
Sep 13, 2010
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ANGA issues statement on EPA public meeting on hydraulic fracturing study
Sep 13, 2010
America’s Natural Gas Alliance (ANGA) Executive vice president Tom Amontree a statement on the last of four meetings held by the US Environmental Protection Agency to take public comments on the scope of its study on hydraulic fracturing. This meeting is being held today, September 13, and Wednesday, September 14, in Binghamton, New York. |
Poland to offer estimate of its shale gas reserves
Sep 13, 2010
Waldemar Pawlak, Poland’s economics minister, plans to offer an estimate of the approximate size of the country’s shale gas reserves within the next 12 months, according to a statement from the ministry issued on Sept. 9. |
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