More Unconventional News

Watching Government: In Alberta, they're talking

Nov 18, 2013

To better appreciate what's going on at Alberta's oil sands, it's necessary to actually go there.

WoodMac examines rising water risks for oil, gas industry

Nov 13, 2013

The oil and gas industry increasingly will mitigate water-related business risks using technology and transparency in future years when world water supplies are forecast to become scarce, said a report from Wood Mackenzie Ltd. which used data and analysis from the World Resources Institute (WRI).

KMEP, MarkWest launch open season for Utica, Marcellus NGL

Nov 11, 2013

Kinder Morgan Energy Partners LP (KMEP) and MarkWest Utica EMG LLC have started a binding open season to solicit commitments for a proposed Y-grade pipeline project to transport natural gas liquids produced from the Utica and Marcellus shales to Mont Belvieu, Tex.

Consol to stress gas output growth, sell five coal mines

Nov 11, 2013

Consol Energy Inc., Pittsburgh, will emphasize Appalachian natural gas production growth and has arranged the $3.5 billion sale to a unit of Murray Energy Corp. of its Consolidation Coal Co. subsidiary that operates five longwall steam coal mines in West Virginia.

MarkWest starts Marcellus, Utica cryo plants

Nov 8, 2013

MarkWest Energy Partners LP, Denver, has begun operations at two new cryogenic gas processing plants serving shale production in the Marcellus and Utica plays in West Virginia and Ohio.

Business seen driving Europe’s use of Russian gas

Nov 8, 2013

Europe’s growing dependence on Russian natural gas since the 1990s was more a series of business decisions than geopolitical maneuvers, a Harvard Business School international management professor said.

Ukraine, Chevron sign shale gas agreement

Nov 7, 2013

Ukraine has signed a production-sharing agreement with Chevron Corp. and the country’s state-owned Nadra Oleska for shale gas production at Oleske field in western Ukraine, Worldwide News Ukraine reported.

Processing agreements will bring Marcellus complex to 1 bcfd

Nov 7, 2013

Processing agreements between MarkWest Energy Partners LP and producer Antero Resources, both of Denver, will underpin construction of a fifth 200-MMcfd cryogenic gas plant at MarkWest’s Sherwood complex in Doddridge County, W.Va., the companies reported.

Communities’ fracing votes seen as first round in Colorado fight

Nov 7, 2013

Approval by majorities of voters on Nov. 5 in three Colorado Front Range communities of moratoriums or bans of hydraulic fracturing was only the first round of a potentially statewide battle, Colorado Oil & Gas Association Pres. Tisha Schuller said on Nov. 6.

Montney marketables put at 449 tcf, 15.5 billion bbl

Nov 6, 2013

The Montney formation in British Columbia and Alberta is one of the world’s largest hydrocarbon resources that could meet Canada’s natural gas needs for 145 years at present consumption rates, the National Energy Board said Nov. 6.

Calumet lets contract for Eagle Ford crude line construction

Nov 6, 2013

Calumet Specialty Products Partners LP’s wholly owned subsidiary Calumet San Antonio Refining LLC has signed TexStar Midstream Logistics LP to build, own, and operate a 30,000 b/d crude oil pipeline system that will supply at least 10,000 b/d of Eagle Ford shale crude oil to Calumet's San Antonio, Tex., refinery.

NiSource launches open season for Marcellus-Alberta diluent pipeline

Nov 4, 2013

Unity Pipeline Co. LLC—a joint venture of Harvest Pipeline Co., Somerset Gas Transmission Co. LLC, and Crossroads Pipeline Co.—part of NiSource’s Columbia Pipeline Group, has begun a two-phase open season for a proposed 380-mile diluent pipeline supplying Marcellus and Utica shale light condensate and natural gasoline to Western Canada.

Apache farms into onshore Canning basin

Nov 4, 2013

Apache Energy has signed a binding agreement with Buru Energy Ltd. and Mitsubishi for Apache to farm into the latter two companies’ onshore Canning basin acreage in northwest Western Australia.

Protest events seen as 'new normal' for Keystone XL opponents

Nov 4, 2013

Proponents of the proposed Keystone XL crude oil pipeline said opponents' increasingly frequent protest events represent a "new normal" in efforts to keep the pipeline from Alberta's oil sands to US Gulf Coast refineries from being built.

TGP upgrade boosts Marcellus gas transport

Nov 1, 2013

Tennessee Gas Pipeline Co., a subsidiary of Kinder Morgan Energy Partners LP, on Nov. 1 placed in service the fully subscribed Northeast Upgrade Project (NEUP), boosting capacity on its 300 Line system in Pennsylvania and New Jersey by 636 MMcfd of natural gas and providing additional takeaway capacity from the Marcellus shale area.

Fort Hills partners okay oil sands project

Oct 31, 2013

Partners in the Fort Hills oil sands mine have approved development leading to production of as much as 180,000 b/d of bitumen.

Colorado: Nighthawk farms out unconventional play

Oct 31, 2013

Nighthawk Energy PLC has farmed out 4,572 acres of its 100% owned Jolly Ranch project in Lincoln County, Colo., in the Denver basin to an undisclosed Denver farmee.

Pioneer to sell Alaska subsidiary for $550 million

Oct 25, 2013

Dallas-based independent Pioneer Natural Resources Co. has agreed to sell its equity in subsidiary Natural Resources Alaska Inc. to privately held Caelus Energy Alaska LLC, Dallas, for $550 million.

Chevron finishes initial exploration in Alberta Duvernay shale play

Oct 25, 2013

Chevron Corp. reported the successful conclusion of the initial 12-well exploration drilling program by its subsidiary, Chevron Canada Ltd., in the Kaybob area of the liquids-rich portion of the Duvernay shale play in west-central Alberta.

Foreign oil, gas investment strong in Canada

Oct 24, 2013

Foreign investment in Canadian oil and gas, a topic that raised governmental concern when CNOOC Ltd. of China last year announced plans to acquire Nexen Inc. of Calgary for $15.1 billion, has averaged $20 billion/year since 2007, reports the Canadian Energy Research Institute (CERI).

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