Unconventional Resources News

Athabasca presses Montney, Nordegg light oil work

Feb 7, 2012

Athabasca Oil Sands Corp., Calgary, reported completion of Montney and Nordegg multistage fractured horizontal wells at Kaybob in the Deep Basin of Alberta.

Canada, Alberta commit to 'improve' environmental monitoring of oil sands

Feb 6, 2012 The governments of Canada and Alberta, stung by the recent US decision to postpone development of the Keystone XL crude oil pipeline project, have agreed to step up their monitoring of the environm...

PetroChina to buy 20% of Shell's Canadian shale gas assets

Feb 6, 2012

PetroChina, a unit of China National Petroleum Corp., has signed a binding agreement to purchase a 20% stake in Royal Dutch Shell PLC’s Groundbirch assets in northeastern British Columbia.

ExxonMobil licenses oil sands steam system

Feb 2, 2012

ExxonMobil Upstream Research Co. has award the first license for a patented steam injection system in use in the Cold Lake oil sands project in Alberta to Baker Hughes.

MEG Energy's Christina Lake reserves up 17%

Feb 2, 2012

MEG Energy, Calgary, said an independent analysis boosted its proved reserves of bitumen in the Christina Lake area of Alberta’s southern Athabasca region by 17% last year to 708 million bbl.

Grizzly to buy, develop oil sands acreage

Feb 1, 2012 Grizzly Oil Sands UIC has agreed to buy Petrobank Energy & Resources Ltd.’s May River oil sands acreage in northern Alberta and plans to develop it with modular steam-assisted gravity drainage ...

More processing, fractionation planned for Marcellus, Utica shales

Feb 1, 2012

MarkWest Energy Partners LP, Denver, will add more than 600 MMcfd of processing capacity for the Marcellus and Utica shales, as well as 140,000 b/d of fractionation, the company reported.

US on brink of strong oil, gas growth, Senate panel told

Jan 31, 2012 Higher crude oil prices, breakthroughs in technology, and more access to prospective acreage are creating a US oil production revival that is a major break from nearly 40 years of declining product...

Porto pursues Lusitanian onshore targets in Portugal

Jan 31, 2012 Porto Energy Corp., The Woodlands, Tex., expects to receive interpreted results in 3 months from a 240 sq km 3D seismic program over the Montejunto anticline on its Torres Vedras concession onshore...

CAPP outlines fracing operating practices for shale, tight gas

Jan 30, 2012 The Canadian Association of Petroleum Producers on Jan. 30 announced a set of hydraulic fracturing operating practices that it has adopted to improve water management and water and fluids reporting...

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Oil & Gas Conferences

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Event Title Date Type

Offshore Asia Conference & Exhibition

February 21, 2012

Subsea Tieback Forum & Exhibition

March 06, 2012

Offshore Middle East Conference & Exhibition

January 21, 2013
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