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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

Italy's Eni takes Barnett knowledge to Polish shale gas play

Dec 10, 2010

Italy-based Eni SpA is entering the European unconventional gas area by agreeing to acquire Minsk Energy Resources and become operator of three licenses in the Polish Baltic Basin.

Major shale find reported in Argentina

Dec 8, 2010

Argentina’s YPF claims it has discovered “huge volumes” of unconventional natural gas reserves in that country’s Neuquina Basin, south of Loma La Lata.

Baker Hughes launches environmentally preferred fracturing fluid systems

Dec 8, 2010

Baker Hughes Inc. has launched its BJ SmartCare™ family of environmentally preferred fracturing fluids and additives.

Poland's ORLEN seeks Ukrainian conventional, shale gas

Dec 7, 2010

Poland’s largest oil company, PKN ORLEN, has signed a cooperation agreement with the Ukrainian Ministry of the Environment for the exploration and production of conventional hydrocarbons and shale gas in the Ukraine.

Diamond Castle Holdings invests in Professional Directional Enterprises

Dec 6, 2010

Diamond Castle Holdings LLC has invested in Professional Directional Enterprises Inc., a large independent provider of directional and horizontal drilling services to oil and natural gas exploration and production companies.

Shale gas assets offer acquirers rich reserves, stable production

Dec 1, 2010 Chevron's announcement last month that it is acquiring Atlas Energy, a large acreage holder in Pennsylvania's gas-rich Marcellus shale play for $4.3 billion, is another sign that the long-term outlook for natural gas is positive.

Report says US can slash carbon emissions with natural gas

Nov 18, 2010

The shale gas boom could help the United States reduce greenhouse gas emissions even if Congress does not pass broad climate legislation, according to a Deutsche Bank report.

Americas Petrogas teams up with Apache in search of shale gas in Argentina

Nov 11, 2010

Americas Petrogas Inc. has entered into an agreement with Apache Energia Argentina SRL, a subsidiary of Apache Corp., to explore Huacalera block in the western region of Argentina's Neuquen Basin.

Global upstream spending for 2010 may reach $380B by year end

Nov 11, 2010

Analysis of companies’ investment plans by Wood Mackenzie reveals that global upstream capital spending in 2010 is likely to exceed US$380 billion, indicating that confidence has returned to many regions and sectors of the upstream industry, however recovery is not uniform.

ExxonMobil plans seismic survey in Poland shale play

Nov 9, 2010

US supermajor ExxonMobil intends to commence seismic surveys on its shale gas concessions in Poland within the next few weeks, a company spokesman said on Nov. 8.

Ernst & Young quarterly report reveals an industry in flux

Nov 1, 2010

Sharp differences in economic strength or weakness between regions, new development opportunities, a changing environmental landscape and upcoming mid-term elections are creating an uncertain environment for the oil and gas industry, according to a recent report by Ernst & Young LLP.

Europe may be setting for next shale revolution

Nov 1, 2010 Europe, which has long been reliant on outside sources for its natural gas and oil supplies, may be on the brink of developing its own supplies.