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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.
Recent Endeavour acquisition builds shale gas position
Oct 30, 2009
Endeavour International Corp. has acquired 50% of the working interest owned by Dallas, Tex.-based Cohort Energy Co. in 24 wells located in five fields and certain proved undeveloped locations associated with the proved developed assets in North Louisiana and East Texas for $15 million. |
Chesapeake Energy is tops in Haynesville
Aug 1, 2009
Chesapeake Energy Corp. is the leading natural gas producer in the Haynesville Shale, followed closely by Houston-based Petrohawk Energy Corp.
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Unconventional gas outlook to 2020
Aug 1, 2009
While oil prices have recovered from their dramatic plunge, natural gas prices remain extremely low, and nobody is sure when to expect a recovery.
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Unconventional gas development in North America facing major hurdles
Aug 1, 2009
There is no question this is a time of dynamic change for natural gas in North America with the ongoing economic recession reducing demand for natural gas.
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Occidental Petroleum makes significant California discovery
Jul 23, 2009
Occidental Petroleum Corp. has made a significant discovery of oil and gas reserves in Kern County, Calif. |
Chesapeake curtails shale gas production in low price environment
Apr 16, 2009
Chesapeake Energy Corp. has elected to curtail roughly 400 million cubic feet (MMcf) per day of its gross natural gas production, mostly from the Barnett shale, due to continued low wellhead prices. |
Universal Well Site Solutions hires Dymond national training director
Apr 15, 2009
Universal Well Site Solutions, a provider of automated and wireless well-site production solutions for coal bed methane, shale gas and low pressure traditional gas projects, has named coal industry veteran Jackie Dymond as its National Director of Field Training and Safety. |
Gas shale development is now faced with challenging issues What can we expect through 2009?
Nov 1, 2008
The ongoing economic downdraft that has impacted global economies is affecting plans for gas shale development in North America for the balance of 2008 and all of 2009.
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Regional banks may be in for rocky ride
Sep 1, 2008
Local and regional banks are not immune to the financial meltdown affecting Wall Street institutions and could be the next to feel the impact, says Bill Gross, chief investment officer at Pimco.
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AN INTERVIEW WITH LARRY OLDHAM: West Texas operator expanding its reach
Dec 1, 2006
OIL & GAS FINANCIAL JOURNAL: Looking at Parallel Petroleum’s (PLLL’s) history since it was formed in 1979, are you still operating in pretty much the same geographical areas and basins that you started out in 27 years ago or has the company expanded into other areas? What is the company’s thinking on this?
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Ruling expected soon in ‘trespass by frac’ case
Nov 1, 2006
A lawsuit is pending before the Texas Supreme Court that could determine whether a tort cause of action exists under Texas law for subsurface trespass through hydraulic fracturing.
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