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  • 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

    Diamondback Energy to acquire Permian acreage

    Feb 19, 2014

    Diamondback Energy Inc. has entered into definitive purchase agreements with unrelated third-party sellers to acquire additional leasehold interests in Martin County, Texas, in the Permian Basin, for an aggregate purchase price of $174 million.

    San Leon, Baker Hughes team up on Polish shale

    Feb 13, 2014

    UK-listed gas explorer San Leon and US oil services firm Baker Hughes have signed a letter of intent to jointly develop Poland's Skiekierki shale gas field, according to Reuters.

    ExxonMobil expands Permian Basin acreage

    Feb 5, 2014

    Through an agreement with Endeavor Energy Resources LP, XTO Energy Inc., a subsidiary of ExxonMobil Corp., has agreed to fund development to gain operating equity in 34,000 gross acres in the liquids-rich Wolfcamp in Texas’s Midland and Upton counties.

    Royalty wars

    Jan 1, 2014

    The term "post-production costs" is a seemingly dull phrase that has captured national attention, and rightly so.

    Building a stronger pipe company

    Nov 12, 2013

    Russia's TMK is the largest steel pipe producer in the world with the widest range of pipe products.

    Environmental Roadblocks

    Nov 12, 2013

    Strategies aim to derail natural gas infrastructure projects

    Talisman Energy to sell portion of Montney position for US$1.4B

    Nov 8, 2013

    Calgary-based Talisman Energy Inc. has agreed to sell part of its Montney acreage in northeast British Columbia to Progress Energy Canada Ltd. for a total cash consideration of US$1.4 billion (CDN$1.5 billion).

    Global update on shale development

    Sep 18, 2013

    Advances in the US, China, and Argentina evolve the shape of global shale markets

    UK aims to kick-start British shale revolution

    Aug 5, 2013

    What a difference a year makes. In the summer of 2012 shale gas exploration in the United Kingdom was subject to a moratorium following earth tremors allegedly linked to drilling in Lancashire, North-West England.

    Mr. Sandman – Getting proppant to the wellhead

    Aug 5, 2013

    Mining, processing and delivering over 30 million metric tonnes (MT) of frac sand proppant to US oil and gas shale drilling sites is a serious business. Speedier drilling, increased lateral length and more fraccing stages are driving demand for the critical proppant that holds open fractures to let hydrocarbons flow to the well. Large companies with efficient distribution logistics and agreements with the railroads dominate the business – helping to bring down completion costs per well. Today we take a closer look at the frac sand business.

    Sasol signs MOU with for high density polyethylene JV

    Jul 24, 2013

    South African-based energy and chemical company, Sasol and INEOS Olefins & Polymers USA (INEOS) has signed a Memorandum of Understanding (MOU) with the intent to form a joint venture to manufacture high density polyethylene (HDPE).

    Will emissions costs choke petchem expansions?

    Jun 20, 2013

    Emission regulations require that companies planning new olefin crackers in EPA designated nonattainment areas like Houston must buy emission credits prior to construction. The market for credits in Houston for one criteria pollutant – volatile organic compounds (VOCs) skyrocketed from $4.5K/ton in 2011 to $300K/ton this month. The scarcity of emission credits and their rising price threaten to constrain or delay new petrochemical plant builds and will continue to hamper plant development and expansions in the Gulf Coast region. Today we describe the challenge new projects face.

     

    With Tom Ward departure, SandRidge focuses on Mississippian assets

    Jun 20, 2013

    After nearly a year of scrutiny focused on SandRidge Energy Inc. (NYSE: SD) founder and now-former CEO Tom Ward, the Oklahoma City-based oil and natural gas company is transitioning its leadership team.

    Harvey Gulf building first LNG bunkering facilities in America

    Jun 10, 2013

    Harvey Gulf International Marine has secured plans to construct and operate the first LNG marine fueling facility in the United States, to be located at its vessel facility in Port Fourchon, Louisiana.

    Port Arthur steam cracker in Texas now processing ethane from shale gas

    May 23, 2013

    To capitalize on the shale gas revolution in the United States, the BASF TOTAL Petrochemicals LLC (BTP) joint venture (40% Total, 60% BASF) revamped the Port Arthur steam cracker in Texas to process ethane, found in abundance in US shale gas.

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