More Unconventional News

Syncrude oil production keeps climbing

Jan 15, 1996 Syncrude Canada Ltd. produced a record volume of sweet blend crude oil during 1995. Production from the company's oilsands operation at Fort McMurray, Alta., jumped to 73.9 million bbl, topping the target for the year by 400,000 bbl. Fourth quarter 1995 production was 19.5 million bbl, which exceeded production of 17.9 million bbl during the same period of 1994. December production in both years was 6.4 million bbl.

Horizontal projects buoy Williston recovery

Jan 15, 1996 G. Alan Petzet Exploration Editor Horizontal drilling and in situ combustion are coming together to improve oil recovery in the southern Williston basin. A recent acquisition will give impetus to an active play for oil in 8-10 ft thick Ordovician Red River B pay at about 9,000 ft. The B zone has been marginal to uneconomic in vertical wells. Continental Resources Inc., Enid, Okla., acquired the Harding County, S.D., and Bowman County, N.D., operated assets of Koch Exploration Co., Wichita. Both

EXPLORATION New basins invigorate U.S. gas shales play

Jan 22, 1996 Scott R. Reeves Vello A. Kuuskraa Advanced Resources International Inc. Arlington, Va. David G. Hill Gas Research Institute Chicago While actually the first and oldest of unconventional gas plays, gas shales have lagged the other main unconventional gas resources-tight gas and coabed methane-in production and proved reserves. Recently, however, with active drilling of the Antrim shales in Michigan and promising results from the Barnett shales of North Texas, this gas play is growing in

New life in U.S. oil

Jan 29, 1996 Oil & Gas Journal's annual Forecast and Review special report contains subtle statistical movements that reflect deep changes in how oil and gas companies approach their business (see p. 51). The significant change is in the rate of decline for U.S. production of crude oil and lease condensate. The rate is diminishing. And it is doing so even though the decline rate in production from Alaska's North Slope is increasing.

Slight Rise Possible In U.S. Drilling; Canadian Action Sags

Jan 29, 1996 G. Alan Petzet Exploration Editor Robert J. Beck Associate Managing Editor-Economics The low level of U.S. drilling evident in 1995 is likely to continue into 1996. Anticipated increases in the average prices of crude oil and natural gas will sustain only about a 2% increase in the number of wells drilled year to year in the U.S. A second year of decline can be expected in Canada from 1993's historic high, but total drilling will remain above the average of well counts for the past 10

EXPLORATION Study to gauge impact of technology advances

Feb 12, 1996 Robert H. Caldwell James L. Merkel Scotia Group Dallas John Hansen Gas Research Institute Chicago The Gas Research Institute, as part of its Future Gas Resource Evaluation project, is studying the impact of technology advances on maintaining domestic gas supplies.

EXPLORATION Discoveries mount in E. Texas Cotton Valley pinnacle reef play

May 6, 1996 G. Alan Petzet Exploration Editor Where Cotton Valley Reef Wildcatting is Busy [18632 bytes ] Another sizable discovery and more operators are popping up in the expanding East Texas Jurassic Cotton Valley pinnacle reef gas play. Sonat Exploration Co., Houston, reported a large discovery and sizable participation in the play in late April. Sonat and its partners join Marathon Oil Co., which has dominated the play the past few years.

INDUSTRY BRIEFS

May 13, 1996 Williams Field Services Corp., a unit of Williams Cos. Inc., Tulsa, started commercial operations at its 62,000 kw cogeneration plant, built alongside its Milagro gas treating plant near Farmington, N.M. It produces about 300,000 lb/hr of steam used to remove CO2 at the Milagro plant. Power is sold to Louis Dreyfus Electric Power Inc. under a long term contract. China National Chemical Construction Corp.

NEWS Canadian oilsands, heavy oil poised for surge in development

May 20, 1996 Syncrude Canada $1 billion expansion of its oilsands operation will center on this massive site at Fort McMurray, Alta. Photo courtesy of Syncrude. How Canadian OilSands Production Has Grown [106346 bytes] Operators in Canada's oilsands and heavy oil regions are on the brink of a period of growth that could last well into the next century.

Area Drilling

Oct 28, 1996 Oklahoma Oil and Gas Production by Field and County 1992-95, published by Oklahoma Geological Survey, 100 E. Boyd Room N-131, Norman, Okla. 73019-0628. 439 p., $12 plus postage. This book has field names, codes, naming date, field boundaries, counties, acreage, 1979-95 cumulative production, and production by year during 1992-95. Canada

Well control procedures developed for multilateral wells

Nov 4, 1996 Yuejin Luo BP Exploration Sunbury-on-Thames, U.K. Allan Gibson, Carl Mountford, Ted Hibbert BP Exploration Aberdeen Curtis Weddle BP Exploration Houston Method for calculating kick tolerance volumes in vertical, diviate, or horizontal wells [79473 bytes] For multilateral wells, conventional well control methods require some additional precautions and measures compared to well control methods used in single-bore wells. Multilateral well technology is increasingly used to improve well

Area Drilling

Nov 11, 1996 Albania Albania's state Albpetrol signed an agreement with INA-Naftaplin of Croatia for oil and gas exploration and development on the Panaja-Vlore block. INA-Naftaplin will invest $4.7 million during 4 years. In case of a discovery, the Croatian company will invest 75% of the costs needed to develop and exploit the reserves. Albpetrol will provide the other 25%. Investment in the block is to total $70 million during 25 years. Angola Ranger Oil Ltd., Calgary, drilled the Kiame 4 appraisal

INDUSTRY BRIEFS

Nov 11, 1996 U.S. Energy Department approved sale of another 1.9 million bbl of oil from the Strategic Petroleum Reserve for $39.5 million (OGJ, Nov. 4, p. 38). Successful bidders for crude from the West Hackberry site near Lake Charles, La., were Texaco Trading, which bought one batch of 200,000 bbl for $20.82/bbl and another for $20.57/bbl, and Coastal States Trading, which bought 900,000 bbl for $20.95/bbl and 600,000 bbl for $20.70/bbl. Huntsman Corp.,

INDUSTRY BRIEFS

Nov 18, 1996 MCM joint venture

INDUSTRY BRIEFS

Nov 25, 1996 Oman LNG LLC (OLNG) let a contract valued at more than $1 billion to Chiyoda-Foster Wheeler & Co., a joint venture of Japan's Chiyoda Corp. and Foster Wheeler Corp., Clinton, N.J., for engineering, construction, and procurement of a 6.6 million metric ton/year, two-train LNG plant at Al-Ghalilah, Oman. Work began immediately after the contract signing Nov. 14 for completion by 2000, when OLNG is slated to begin exporting as much as 4.1 million tons/year for 25 years to South Korea (OGJ,

API: '95 U.S. drilling outlays up 8.9%

Nov 25, 1996 Oil industry expenditures to drill and equip oil and gas wells in the U.S. rose 8.9% to $10.5 billion in 1995, American Petroleum Institute reported. The 1995 Joint Association Survey found U.S. operators drilled 20,528 wells, up 2.5% from 1994. Total footage was 120,834,000, and average cost per well was $513,415, or $87.22/ft. Oil wells were up 18.8% at 7,745, gas wells fell 7.1% to 7,863, and dry holes slipped 2.3% to 4,920.

Area Drilling

Dec 2, 1996 The Department of Mineral Resources let a $1.9 million contract to Schlumberger GeoQuest to set up the department's Petroleum and Coal Management Information System (PCMIS). DMR will use the data management center, to be located in Bangkok, to support and accelerate the country's E&P development objectives. The center will handle E&P and associated data from all leaseholders, operators, and contractors in Thailand.

INDUSTRY BRIEFS

Dec 9, 1996 Tuntex Group, Taipei, said a final decision to proceed with a planned $10 billion petrochemical project in South Africa must wait until the Taiwanese government decides what policy it will follow once South Africa severs diplomatic relations with Taiwan at yearend 1997. Under a preliminary agreement drawn up in September, Taiwan and South Africa would each contribute $5 billion to the project. Tuntex agreed to invest $3 billion, with another $2 billion to come from other Taiwan investors,

Lodgepole reef potential seen in Montana Williston basin

Dec 16, 1996 Larry Brogdon H.A. Hedberg Trust Fort Worth Stanton M. Ball, David S. Ball Ball Exploration Inc. Fort Worth The Williston basin Mississippian Lodgepole oil play has suffered a string of dry holes lately eroding the confidence of explorationists to find these prolific reefs, particularly in North Dakota. Detailed mapping of the Lodgepole trend suggests more Lodgepole reefs will be found in the Montana part of the trend than in North Dakota. Companies seeking impact plays should certainly give

Hot Louisiana chalk play spawning more drilling, added facilities

Dec 23, 1996 Richard Wheatley Associate Managing Editor-News Austin Chalk Trend, Louisiana Chalk Gathering System [90785 bytes] Louisiana Chalk Expected Economics [99835 bytes] Louisiana Chalk Average Costs, Reserves [47414 bytes]
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