Unconventional Oil

… production will occur mainly in the Eastern Hemisphere. Unconventional oil On the other side of the planet, production nevertheless ..... the Western Hemisphere’s potential is mainly unconventional oil heavy fluid hydrocarbons dependent on large inputs …

The progress of major shale gas developments outside North America is apt to lag the pace of the US shale gas revolution, according to a recent report from Deloitte analysts, who note that developers of US unconventional assets had advantages over their counterparts in Poland, China, and Argentina.

Reactions varied widely following formation of the Center for Sustainable Shale Development, which was set up by a coalition of environmental groups, foundations, and some oil companies to strengthen operating standards for natural gas shale formations in Pennsylvania and across the Appalachian ...

The oil and gas industry continues working to develop unconventional plays in British Columbia and Alberta, particularly oil and liquids with an emphasis toward the Duvernay and Montney in the Western Canada Sedimentary Basin (WCSB).

US independents, particularly Devon Energy Corp. and Apache Corp., are examining the potential of the Cline shale oil play in the Midland basin.

The oil and gas industry so far has avoided any drastic changes in US regulation or taxation, but the risk of change still exists, prompting unconventional asset buyers and sellers to monitor the direction of federal tax and fiscal policy, said the Deloitte yearend 2012 report on mergers and ...