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More Unconventional Resources News

Operator okays Hangingstone SAGD project

Nov 28, 2012

The board of directors of Athabasca Oil Corp. has sanctioned the Hangingstone 1 steam-assisted gravity drainage oil sands project in the southern Athabasca region of Alberta and approved a $536 million (Can.) development budget for it (OGJ Online, Oct. 4, 2012).

Deutsche Bank challenges IEA view of US oil output

Nov 26, 2012

A recent projection that the US will become the world's leading oil producer after 2020 has drawn a challenge from analysts at Deutsche Bank (OGJ Online, Nov. 13, 2012).

Syncrude lets oil sands tailings contracts

Nov 21, 2012

Syncrude Canada Ltd. has let two contracts to KBR for module fabrication and field construction of a full-scale plant for processing tailings from its oil sands mines northeast of Fort McMurray, Alta.

The heavy-oil niche

Nov 19, 2012

Extra-heavy oil is forming subtle intrigue out of the commercial and political practicalities that shape its destiny.

Laricina seeks single-well SAGD at Saleski

Nov 13, 2012

Laricina Energy Ltd. has amended its application for first-phase commercial development of its Saleski oil sands acreage in Alberta to use cyclic steam-assisted gravity drainage in a single horizontal well.

IEA: US to overtake Saudi Arabia in oil production

Nov 13, 2012

With global oil demand continuing to increase, the US will replace Saudi Arabia as the world’s largest oil producer about 2020, and North America will become a net oil exporter by 2030, according to the International Energy Agency.

Study notes geopolitical role in oil prices

Nov 12, 2012

Geopolitical worries are keeping prices of crude oil higher than market forces indicate they should be, according to a study published by Chatham House, London.

Suncor lets contract for MacKay River work

Oct 30, 2012

Suncor Energy Inc. has let a contract to Fluor Corp. for front-end project management and engineering services for second-phase development of its MacKay River in situ oil sands project in the northern Athabasca region of Alberta.

MSC issues recommended practices for stray gas incidents

Oct 17, 2012

The Marcellus Shale Coalition (MSC) released its Recommended Practices for Responding to Stray Gas Incidents, the fourth in a series of guidance documents.

Fracing safe for California's Inglewood oil field, study says

Oct 12, 2012

A study commissioned by Plains Exploration & Production Co. concluded hydraulic fracturing of two test wells at Inglewood oil field in Los Angeles County, Calif., indicated no detectable evidence that it might induce earthquakes or have negative consequences on groundwater quality, a consultant reported.

API economist warns against duplicative fracing regulations

Oct 4, 2012

Policymakers across all levels of US government must guard against unnecessary or duplicative regulations that could impede investments in unconventional oil and gas plays, which already created jobs and boosted revenues for some states, American Petroleum Institute Chief Economist John Felmy said.

Baytex buys oil sands acreage, plans pilot

Oct 4, 2012

Baytex Energy Corp., Calgary, plans to begin pilot thermal recovery project next year on oil sands acreage it has acquired in the Cold Lake region of northeastern Alberta.

RIL, PDVSA sign supply deal, Orinoco memo

Oct 4, 2012

Reliance Industries Ltd., Mumbai, has signed documents with Petroleos de Venezuela SA for heavy-oil supply and joint exploration and development in the South American country’s Orinoco belt.

GMX alterations may improve Bakken completions

Oct 3, 2012

GMX Resources Inc., Oklahoma City, is adjusting its operating practices in an effort to improve results of Bakken completions in the Williston basin.

Cenovus to acquire Oilsands Quest leases

Oct 3, 2012

Cenovus Energy Inc., Calgary, has received court approval to buy the remaining assets of Oilsands Quest, which is being restructured under the Canadian Companies’ Creditors Arrangement Act, for $10 million.

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Oil & Gas Conferences

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Oil Sands and Heavy Oil Technologies

July 23, 2013

AIPN Internation Conference

October 21, 2013

Deep Offshore Technology International

October 22, 2013

PetroWorld India

October 24, 2013

Deepwater Operations Conference & Exhibition

November 05, 2013