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

Increased complexity presents big data challenges for industry

Jul 1, 2012

According to Goldman Sachs, more than $1.2 trillion will be spent in the next five years on oil and gas projects around the world.

MGM Energy partners with Shell to access Canol shale potential

Jun 29, 2012

Hoping to access the potential of Canada’s Canol shale play, MGM Energy Corp. has partnered with Shell in the Central Mackenzie Valley.

Gravis Oil proposes merger with Petro River Oil

Jun 29, 2012

Gravis Oil Corp. has entered into a non-binding letter of intent with Petro River Oil LLC, a privately held Delaware limited liability company that would result in Gravis acquiring Petro for common stock, the name of Gravis changed and the company redomiciled to Delaware. 

Rockwater Energy Solutions partners with Neohydro

Jun 29, 2012

Rockwater Energy Solutions Inc., a fluids management and environmental solutions provider to the oilfield industry, has assigned a strategic agreement with Neohydro Corp., headquartered in Houston, Texas.

JBL Energy Partners and Terrace Energy form JV on Woodbine prospect

Jun 20, 2012

JBL Energy Partners, an oil and natural gas exploration and production company, and its partners, said June 20 that it has entered into a joint venture partnership with Terrace Energy LLC in Fort Worth, Texas on one of its Woodbine prospects.

Apache provides details about its liquids-rich portfolio

Jun 15, 2012

Houston-based Apache Corporation [NYSE, Nasdaq: APA] on June 14 released a new, detailed resource estimate of its oil- and liquids-rich portfolio, including substantial holdings in the Permian Basin and Anadarko Basin, recently acquired acreage in the liquids-rich Mississippian Lime and Williston Basin resource plays, and significant new plays and oil exploration prospects in Canada, Argentina, Alaska, and Kenya.

Aqua-Chem names two execs to finance, engineering posts

Apr 17, 2012

Knoxville, Tenn.-based Aqua-Chem, Inc. has named Thomas Gillcrist as CFO and Ron Shook as pharmaceutical applications engineer. They will report directly to David Gensterblum, president and CEO.

Chesapeake monetizes assets in 3 plays

Apr 9, 2012

_On April 9 Oklahoma City-based Chesapeake Energy Corporation (NYSE:CHK) announced three oil and gas asset monetization transactions for total proceeds of approximately $2.6 billion in cash.

Atlas Resources, Equal Energy partner to develop Oklahoma Mississippian oil play

Apr 4, 2012

Equal Energy Ltd. has agreed to sell 50% of its interest in approximately 14,500 net undeveloped acres prospective for Mississippian light oil to Atlas Resources Partners LP for total cash consideration of roughly US$18 million.

IHS describes complexity of Bone Spring oil play

Mar 26, 2012

American Standard acquires Permian Basin, Williston Basin, Eagle Ford assets from private company

Mar 16, 2012

On March 5, American Standard Energy Corp. closed and funded its acquisition of roughly 72,300 net acres and approximately 250 barrels of oil equivalent per day of production from privately-held Geronimo Holding Corp.

EnerJex has drilling success in Mississippian project

Mar 14, 2012

Quebec’s Anticosti Macasty comparable to Utica Shale says Petrolia

Feb 22, 2012

Results of a petrophysical study conducted by Schlumberger Canada Ltd. show that the Anticosti Macasty in Quebec can be compared with the Utica Shale in Ohio, said Petrolia Inc. February 21.

Forest Oil expands Permian Basin Wolfbone Oil play acreage

Feb 16, 2012

Forest Oil Corp. announced its acreage position of 68,500 gross acres (63,000 net) prospective for the Wolfbone oil play in Pecos and Reeves Counties, Texas.

Venoco files proxy for take-private offer

Feb 14, 2012

Venoco Inc., an independent energy company with substantial holdings in California’s oily Monterey Shale, filed its proxy for the take-private offer of $12.50 per share in cash.

OGFJ Webcasts

There is no current content available.