International Unconventional
There 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
CNPC to buy stake in Eni's gas field offshore Mozambique
Mar 14, 2013
China National Petroleum Corp. (CNPC) is acquiring a stake in a natural gas field offshore Mozambique in Area 4 from Eni SPA for $4.2 billion. The companies also signed a joint study agreement covering Rongchang shale gas block in China. |
Colombia: Petrominerales eyes Llanos basin commerciality
Mar 6, 2013
Petrominerales Ltd., Calgary, said it resumed production testing in January 2013 at its Tatama horizontal well in Colombia’s Llanos basin, where the company operates the Rio Ariari, Chiguiro Oeste, and Chiguiro Este blocks. |
Delphi Energy brings Montney horizontal wells on stream
Mar 1, 2013
Delphi Energy Corp. of Calgary reported encouraging results from its initial development of its Montney play at Bigstone where Delphi last year brought three horizontal Montney wells on stream and recently brought on stream a fourth horizontal well (OGJ Online, May 22, 2012). |
ConocoPhillips planning to divest some LNG, oil sands assets
Feb 28, 2013
ConocoPhillips is planning to sell some of its interest in the Australia Pacific LNG project and in the Canadian oil sands in a strategy to devote more cash to US shale plays, ConocoPhilips Chief Executive Ryan Lance said during a Feb. 28 investor and analyst meeting. |
Chevron farms into Cooper basin in Australia
Feb 26, 2013
Chevron Corp. has signed a potential multimillion-dollar farmin deal with Adelaide-based Beach Energy Ltd.’s acreage in the Cooper basin in Australia. |
