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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

    Australia’s coming LNG boom

    Sep 1, 2012

    The Land Down Under could displace Qatar as the top LNG exporter in the world by 2020

    Stifel Nicolaus: Mississippian Lime should remain strong, but key risks remain

    Aug 22, 2012

    The economics of the Missisippian Lime Play should remain strong given the low drilling costs and improving estimated ultimate recoveries, but three key risks remain, according to Stifel Nicolaus analysts following an August 17 webcast.

    Well results lower than Bakken Shale, but Mississippian gets boost from lower drilling costs

    Aug 1, 2012

    Despite weaker well results than those in the prolific Bakken Shale play, shallower wells and cheaper drilling costs are boosting economics and driving increased industry interest in the Mississippian Oil Play, according to a new report from IHS.

    Spectraseis, Calmena launch integrated microseismic fracture monitoring services in Canada

    Jul 30, 2012

    Calmena Energy Services Inc. and Spectraseis have partnered to provide microseismic acquisition, imaging and advisory services in Canada.

    Pegasi releases initial production results from Bossier shale well

    Jul 10, 2012

    Tyler, TX-based Pegasi Energy Resources Corp. has released initial production results of its first horizontal well in Cass County, Texas.

    Upstream News

    Jul 1, 2012

    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.

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