More Unconventional News

Alberta Oil Sands inks Algar Lake farmout

Jun 6, 2013

Alberta Oil Sands Inc. (AOS), Calgary, has entered a farmout agreement with privately held Crescendo Resources Ltd. that will advance exploration of its Algar Lake oil sands prospect in Alberta.

Interior gives more time for comments on frac rule proposal

Jun 6, 2013

Oil and gas producers will have another 60 days to comment on the US Bureau of Land Management’s latest proposed regulations for hydraulic fracturing operations on onshore public lands, US Interior Secretary Sally Jewell announced.

CAPP expects Canadian oil production to double by 2030

Jun 5, 2013

With oil sands production climbing steadily and conventional production rebounding, Canadian oil production will more than double by 2030, predicts the Canadian Association of Petroleum Producers.

WPX Energy increases Piceance basin drilling

Jun 5, 2013

WPX Energy Inc. plans to add two drilling rigs in western Colorado’s Piceance basin for the rest of 2013, making a total of seven compared with earlier plans for a five-rig drilling plan.

Summit Midstream Partners to buy Marcellus gathering assets

Jun 5, 2013

Summit Midstream Partners LP agreed to buy certain gas gathering assets from MarkWest Energy Partners LP in Doddridge County, W.Va., for $210 million.

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).

Sinochem acquires Wolfcamp stake from PNR

Jun 3, 2013

Sinochem Group has closed its previously announced $1.7 billion purchase of Wolfcamp assets in Texas from Pioneer Natural Resources Co.

MarkWest unit to add third gas plant in Ohio

May 31, 2013

MarkWest Utica EMG LLC will build a third 200-MMcfd cryogenic gas plant at its Seneca processing complex in Noble County, Ohio. It will support rapidly growing drilling by Antero Resources, Gulfport Energy Corp., and other producers in the southern Utica shale, the company reported.

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.

TRC updates oil, gas well construction rules

May 28, 2013

The Texas Railroad Commission has amended well construction requirements rule to clarify oil and gas well construction requirements related to casing, cementing, drilling, well control, and completions.

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.

UK: Celtique, Magellan eye Weald unconventionals

May 28, 2013

Celtique Energie of the UK and Magellan Petroleum Corp., Denver, plan to drill one or two exploratory wells in the Weald basin in southern England in late 2013 aimed at unconventional hydrocarbons.

Canada to EU: Don't penalize oil sands

May 27, 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.

Flexibility in fracing reg seen still an open question

May 23, 2013

Increased flexibility for operators remains an open question in a revised proposal for federal regulation of hydraulic fracturing, according to a May 23 legal update by Roger W. Patrick of the law firm Mayer Brown.

BASF Total cracker revamped to run ethane

May 23, 2013

BASF Total Petrochemicals LLC (BTP) has completed a revamp of its steam cracker in Port Arthur, Tex., enabling the 1-million-tonne/year facility to process ethane, supply of which is increasing from US shale plays.

Deloitte: Shale gas, oil potential increasingly apparent

May 21, 2013

Oil and gas production from tight shale formations clearly is a long-term phenomenon and not a short-term trend, Deloitte LLP officials told reporters. The financial services company found growing confidence in unconventional energy resources in a survey it conducted last year, said John England, a vice-chairman and leader of its oil and gas practice.

Cabot using Marcellus field gas to fracture wells

May 20, 2013

Cabot Oil & Gas Corp. said it is using natural gas from the Marcellus shale in Susquehanna County, Pa., to fracture wells via dual-fuel technology in a process that can displace as much as 70% of the diesel fuel traditionally used to operate hydraulic fracturing equipment.

The Bakken's billions

May 20, 2013

How much oil can be produced from the Williston basin's Bakken and Three Forks formations?

DOI releases revised proposal to regulate hydraulic fracturing

May 17, 2013

The US Department of the Interior released a revised proposal to regulate hydraulic fracturing on public and Indian lands that it said would maintain important safety standards, improve integration with existing state and tribal rules, and increase flexibility for oil and gas producers.

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