International Unconventional

International Unconventional Description ImageThere has been substantial recent interest in shale gas potential in Eastern Europe. ExxonMobil has been working to identify shale gas resources in Germany and other large end-user markets. E&P companies have selected about a dozen basins in Europe for initial exploration, including the Cambrian Alum in southern Sweden, the Vienna Basin in Austria, multiple locations in Poland (especially the promising Gdansk Basin), the Weald Basin in England, the East Paris Basin in France (as well as two other locations in France), the Lower Saxony Basin in Germany and the very large Mako Trough in Hungary. China is another important area for shale gas, as is India. Chinese and American geologists have said that China’s shale gas potential is massive and could easily rival the largest basins in the US.

International Unconventional News

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.

Williams to provide gas processing in Canada's oil sands

Sep 27, 2012

Williams Cos. Inc., Tulsa, has signed a gas processing agreement with a producer in the Canadian oil sands, according to a company announcement that did not name the producer. OGJ data, however, suggest it is Canadian Natural Resources Ltd., Calgary.

Riverstone Holdings to invest in Kerogen Energy Holdings

Sep 27, 2012

Riverstone Holdings LLC has committed to invest as much as $200 million in Kerogen Energy Holdings LLC, which is focused on US and Canada onshore unconventional oil and liquids exploration and production.

Connacher's Great Divide expansion okayed

Sep 26, 2012

Connacher Oil & Gas Ltd. has received approval from the Energy Resources Conservation Board of Alberta for an expansion of thermal production of bitumen from its delayed Great Divide Oil Sands acreage 70 km south of Fort McMurray.

Turkish well misses Dadas shale, has shallower shows

Sep 26, 2012

Anatolia Energy Corp., Calgary, said the Guvenir-1 well in Turkey found no evidence of the Silurian Dadas shale but intersected a younger section with hydrocarbon shows.

Winstar sees gas potential in Tunisian hot shale

Sep 12, 2012

Winstar Resources Ltd., Calgary, said an external study indicates vast gas potential in the Silurian Tannezuft hot shale in southern Tunisia as the company engaged a consultant to evaluate potential strategic alternatives to enhance shareholder value.

Osum's Taiga heavy oil project approved

Sep 12, 2012

Osum Oil Sands Corp., Calgary, has received approval of its Taiga thermal heavy oil project near Bonnyville in the Cold Lake region of Alberta from the Energy Resources Conservation Board.

South Africa may lift Karoo shale exploration ban

Sep 8, 2012

South Africa’s government appeared ready this week to lift a moratorium on shale gas drilling in the vast Karoo region.

Shell okays Quest CCS project in Alberta

Sep 5, 2012

Shell Canada Ltd. has approved construction of the first commercial carbon capture and storage (CCS) project in the Canadian oil sands producing region (OGJ Online, July 12, 2012).

Georgina basin well results encourage PetroFrontier

Sep 5, 2012

PetroFrontier Corp., Calgary, reported encouraging oil and gas indications at three horizontal wells in Australia’s southern Georgina basin as the company launched a share offering to fund the rest of its 2012 exploration program in the basin with Statoil Australia Oil & Gas AS (OGJ Online, June 20, 2012).

Study notes tailing-pond technology paths

Aug 31, 2012

A study conducted for the Alberta government’s research organization has created a framework for developing technologies related to tailing ponds in oil sands mining operations.

CERI: Oil sands growth would continue without pipelines

Aug 31, 2012

Preventing construction of the Keystone XL pipeline would not keep Alberta oil sands activity from growing, the president of the Canadian Energy Research Institute said. “There could be 50,000-200,000 b/d of rail capacity for bitumen if the pipeline isn’t built. That would slow down, but not stop, production,” Peter Howard indicated.

Victoria declares hydraulic fracturing moratorium

Aug 31, 2012

The Victorian government imposed a moratorium on hydraulic fracturing pending legislative changes to implement new standards for the oil and gas industry.

China: Ordos basin coalbed methane wells spudded

Aug 27, 2012

Sino Gas & Energy Holdings Ltd., Sydney, has spudded the first two coalbed methane wells on the Linxing production sharing contract area in the Ordos basin in China.

TNK-BP extends use of enhanced frac method

Aug 16, 2012

TNK-BP is expanding the use of an enhanced multistage hydraulic fracturing to boost oil production from mature fields in West Siberia.

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