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

BlackPearl advances Onion Lake thermal EOR

Jun 4, 2013

BlackPearl Resources Inc., Calgary, will accelerate thermal enhanced oil recovery at a heavy oil property now producing conventionally in Saskatchewan to help finance a larger oil sands development in northern Alberta called Blackrod (OGJ Online, May 6, 2012).

MGM gives up Mackenzie Delta conventional licenses

May 30, 2013

MGM Energy Corp., Calgary, said it has surrendered exploration licenses in Canada’s Mackenzie Delta region, where the company had been exploring for conventional gas for the proposed Mackenzie gas pipeline.

CERI: Oil sands costs up 6.3-13.2% in year

May 29, 2013

The estimated cost of producing bitumen in Canada has increased by 6.3-13.2% in the past year, depending on the production method, according to the Canadian Energy Research Institute.

Marathon Oil says no sale on share of Athabasca oil sands

May 28, 2013

Marathon Oil Corp. said negotiations to sell its 20% interest in the Athabasca oil sands project have ended without any agreement being reached.

Large gain seen in Alberta oil production

May 13, 2013

Bitumen will claim an increased share of sharply higher oil production in Alberta over the next 10 years, according to the provincial Energy Resources Conservation Board.

San Leon Energy to buy Talisman’s share of Poland shale gas JV

May 13, 2013

San Leon Energy PLC agreed to buy Talisman Energy Inc.’s share of a shale gas joint venture in Poland. Talisman is the second international major oil company to withdraw from Poland, following a decision last year by ExxonMobil Corp. to exit Poland after early results failed to produce commercial wells.

Canada to EU: Don't penalize oil sands

May 9, 2013

Canada’s minister of natural resources has warned officials of the European Union against “discriminatory treatment” of fuels made from products of Canadian oil sands.

New Zealand East Coast basin shale well spudded

Apr 22, 2013

TAG Oil Ltd., Vancouver, BC, has spudded an exploratory well that targets the Paleocene Waipawa black shale and Paleocene-Cretaceous Whangai source rock formations in New Zealand’s East Coast basin.

Mongolia signs oil shale feasibility agreement

Apr 19, 2013

Genie Energy Ltd., Newark, NJ, said its Mongolian subsidiary signed an exclusive agreement to explore and evaluate the commercial potential of oil shale resources on 34,470 sq km in central Mongolia.

Turkey: Valeura sees shale gas potential on Thrace block

Apr 8, 2013

Turkey’s General Directorate of Petroleum Affairs has awarded a 100% working interest in the Banarli License 5104 in the Thrace basin to Valeura Energy Inc., Calgary.

Bankers eyes polymer, secondary work at Patos-Marinza

Apr 5, 2013

Bankers Petroleum Ltd., Calgary, has begun injectivity testing at the first pilot polymer flood location in Patos-Marinza field in Albania.

Ecopetrol tests Meta Province heavy oil discovery

Apr 2, 2013

Colombia’s state Ecopetrol SA disclosed that its Venus-2 exploratory well in San Martin municipality of Meta Province had proved the presence of crude oil.

IHS: Prospects have dimmed for bitumen upgraders in Alberta

Mar 28, 2013

Prospects for new bitumen upgraders in Alberta have soured since the global recession of 2008, notes a study published by IHS on the same day plans were reported cancelled for a large project near Fort McMurray (OGJ Online, Mar. 27, 2013).

Suncor cancels Voyageur upgrader, buys Total's stake

Mar 27, 2013

Suncor Energy Inc., Calgary, has scrapped plans for the Voyageur upgrader project near Fort McMurray, Alta., and has acquired partner Total E&P Canada Ltd.’s interest for $515 million.

May River oil sands development expected

Mar 27, 2013

Gulfport Energy Corp., Oklahoma City, expects delineation drilling in the May River area of northern Alberta by Grizzly Oil Sands ULC to lead to filing of applications for thermal recovery of bitumen.

Stay Connected