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

AER shuts in 16 Murphy Oil sites in Peace River region for noncompliance

Jul 7, 2015

Alberta Energy Regulator said it has shut in or partially shut in 16 sites operated by Murphy Oil Co. Ltd. in the Peace River region. The sites were noncompliant with requirements “to capture and flare, incinerate, or conserve all casing gas and tank top gases” from heavy oil and bitumen operations based on a schedule submitted to and approved by AER.

Production ramps up from Sunrise oil sands project

Jul 6, 2015

Husky Energy Inc., Calgary, reported that 25 well pairs are now on production at its Sunrise oil sands project in northeastern Alberta. Steaming is under way on 43 of 55 well pairs.

CERI: Energy, operational efficiencies possible in Canadian oil, gas

Jul 6, 2015

Measures can be taken by operators in the expanding resource-intensive Canadian oil and gas sector to improve both energy efficiency and operational efficiencies, according to a report from the Canadian Energy Research Institute (CERI).

Group suggests principles for Alberta royalty review

Jun 29, 2015

The Canadian Association of Petroleum Producers (CAPP) has suggested that four principles guide Alberta in an oil and gas royalty review planned by a new center-left government in conjunction with a toughened approach to climate change.

CAPP: Oil sands producers prepared to take greater role reducing emissions

Jun 26, 2015

Canada’s oil sands producers are prepared to take a greater leadership role in reducing greenhouse-gas emissions, according to the Canadian Association of Petroleum Producers.

EIA: Argentina, China lead shale development outside N. America

Jun 26, 2015

Argentina and China have respectively drilled more than 275 and 200 wells targeting shale plays over the past 2 years, providing each country with the potential to significantly increase production of shale gas and tight oil, the US Energy Information Administration highlighted on June 26 in an energy update.

WoodMac: Western Canadian liquids production on upward trajectory starting in 2016

Jun 19, 2015

Wood Mackenzie Ltd. believes the economics of core areas within shale plays in western Canada will yield comparable returns to key producing plays in the US Lower 48.

ExxonMobil begins Kearl oil sands production

Jun 16, 2015

ExxonMobil Corp. has begun bitumen production at its Kearl oil sands expansion project in Alberta. The company expects output to reach 110,000 b/d, doubling previous Kearl production.

CAPP: Canadian production to reach 5.3 million b/d by 2030

Jun 11, 2015

The Canadian Association of Petroleum Producers (CAPP) estimates production of Canadian oil will increase 43% over 16 years to 5.3 million b/d by 2030 compared with 3.7 million b/d in 2014.

Foster Creek resumes operations after CLAWR forest fire

Jun 11, 2015

Cenovus Energy Inc. reported on June 11 that it has resumed operations at its Foster Creek oil sands project in northern Alberta after a forest fire on the Cold Lake Air Weapons Range (CLAWR) led to a precautionary, 11-day shutdown of the operation on May 23.

Saskatchewan economic minister sees opportunities despite price environment

Jun 10, 2015

At an energy leaders breakfast during the Global Petroleum Show (GPS) in Calgary June 10, Bill Boyd, Minister of the Economy for Saskatchewan, Canada, spoke about the opportunities for the oil and gas industry in his province, even in the current price environment.

SPE Conference: Heavy oil development requires long-term view, incoming president says

Jun 9, 2015

Speaking to a half-empty auditorium that reflected the tough economic environment of the North American onshore market, Janeen Judah, the incoming president of the Society of Petroleum Engineers, addressed the problems facing heavy oil.

ConocoPhillips reports first steam from Surmont 2 in Alberta

Jun 1, 2015

ConocoPhillips reported first steam on May 29 from Phase 2 of its Surmont oil sands project in the Athabasca region of northeastern Alberta.

Apache to reorganize into three regions

Jun 1, 2015

Apache Corp. reported plans to restructure the company into three “super regions” following a series of acquisitions and divestitures over the last 5 years.

First assessment of NWT shales suggests multibillion barrel resource

May 27, 2015

An estimated 145 billion bbl of oil in place are in the Canol shale in Canada’s Northwest Territories, while the thinner Bluefish shale could contain 45 billion bbl in place, Canada’s National Energy Board and Northwest Territories jointly said on May 22 in the first government assessment of the formations’ resource potential.

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