More Unconventional News

Range agrees to pay $4.15 million to settle Pennsylvania DEP charges

Sep 22, 2014

Range Resources Corp., Fort Worth, has agreed to pay a $4.15 million fine, close five impoundments, and upgrade two others at its Washington County operations, Pennsylvania’s Department of Environmental Protection (DEP) reported. The fine is the biggest against an oil and gas producer in the state’s shale drilling era, the agency said on Sept. 18.

Templar completes purchase of Granite Wash assets

Sep 22, 2014

Templar Energy LLC, Oklahoma City, has completed its acquisition of Granite Wash assets from Houston-based Newfield Exploration Co. for $588 million.

Study finds bad well construction, not fracing, fouled water wells

Sep 22, 2014

Fugitive methane found in water wells above the Marcellus and Barnett shales came from poor well construction, not hydraulic fracturing, a study the National Academy of Sciences released on Sept. 15 concluded.

AAPG ICE: ExxonMobil outlines international approach to unconventional development

Sep 22, 2014

Global energy demand is expected to increase 35% to 2040, translating to 120 billion boe/year, or nearly 350 million boe/d, stated Rocky Becker, vice-president, Europe-Caspian-Russia at ExxonMobil Exploration Co.

AAPG ICE: Seismic reprocessing enhances potential for Russia's legacy basins

Sep 22, 2014

Russia's Precaucus and Uralian Foreland basins are the oldest and most developed oil and gas producing regions in the country. As the "birthplace" of Russia's oil industry, the Precaucus was first developed in the late 19th century.

BHI: US drilling rig count holds steady at 1,931

Sep 19, 2014

The US drilling rig count was unchanged at 1,931 rigs working during the week ended Sept. 19, Baker Hughes Inc. reported.

Cenovus starts production from Phase F at Foster Creek oil sands project

Sep 19, 2014

Cenovus Energy Inc., Calgary, started oil production earlier this month at its recently completed Phase F expansion at its Foster Creek oil sands project in western Canada. Phase F is expected to add 30,000 b/d of capacity, with production ramping up over the next 12-18 months.

Andora Sawn Lake SAGD pilot begins bitumen production

Sep 18, 2014

Andora Energy Corp. has recompleted its pilot steam-assisted gravity drainage (SAGD) well in Sawn Lake, Alta., and expects a stable bitumen production rate and steam oil ratio over the next 2 months.

Continental appoints president, chief operating officer

Sep 18, 2014

Continental Resources Inc., Oklahoma City, has named Jack Stark as president and chief operating officer. He succeeds W.F. Bott, who stepped down from the position last week.

AAPG ICE: Seismic reprocessing enhances potential for Russia’s legacy basins

Sep 17, 2014

Russia’s Precaucus and Uralian Foreland basins are the oldest and most developed oil and gas producing regions in the country. As the “birthplace” of Russia’s oil industry, the Precaucus was first developed in the late 19th century. Production improved rapidly after 1920 and entered steep decline after 1970.

Bill Barrett to divest Powder River, Piceance properties

Sep 16, 2014

Bill Barrett Corp., Denver, reported that it has agreed with several undisclosed buyers to sell the majority of its Powder River basin acreage and remaining position in the Gibson Gulch natural gas program in Colorado’s Piceance basin in deals totaling $757 million.

API official calls for end to nearly 6-year Keystone XL permit delay

Sep 16, 2014

Three days before the sixth anniversary of TransCanada Corp.’s original filing for presidential approval of the proposed Keystone XL crude oil pipeline’s cross-border permit application, an American Petroleum Institute official said the Obama administration is catering to a small minority at the expense of the US national interest and the wishes of the vast majority of ordinary Americans.

AER approves conversion to low-pressure steaming at CNRL’s Primrose East

Sep 16, 2014

Alberta Energy Regulator has approved an application by Canadian Natural Resources Ltd. to convert to low-pressure steamflooding at its Primrose East Area 1 bitumen project.

Study finds bad well construction, not fracing, fouled water wells

Sep 16, 2014

Fugitive methane found in water wells above the Marcellus and Barnett shales came from poor well construction, not hydraulic fracturing, a study the National Academy of Sciences released on Sept. 15 concluded.

Kentucky: Daybreak furthers Twin Bottoms drilling campaign

Sep 15, 2014

Daybreak Oil & Gas Inc., Spokane, Wash., has drilled its 10th and 11th horizontal oil wells at the Twin Bottoms Field in Lawrence County, Ky.

Uneven effects seen from new Appalachian pipelines

Sep 15, 2014

Producers in the Appalachian basin will benefit unevenly from markets opening for natural gas from the Marcellus and Utica shales, according to a Canaccord Genuity analyst.

AAPG ICE: Turkey sees early shale oil development

Sep 15, 2014

Turkey is slightly larger than the state of Texas geographically, yet the country has only seen 4,400 wells drilled since 1940. While Texas’ oil history goes back much further, the state has seen more than 1.5 million wells drilled through 2013. “Turkey is largely unexplored,” said Lee Muncy, vice-president, geosciences at TransAtlantic Petroleum Ltd., during the AAPG International Conference and Exhibition

AAPG ICE: ExxonMobil outlines international approach to unconventional development

Sep 15, 2014

Global energy demand is expected to increase 35% to 2040, translating to 120 billion boe/year, or nearly 350 million boe/d, stated Rocky Becker, vice-president, Europe-Caspian-Russia at ExxonMobil Exploration Co.

The gas market's horizon

Sep 15, 2014

This year has been relatively bullish for the US natural gas market, largely because of an extremely cold winter season in much of the nation and the drawdown of storage inventories to record-low levels.

Statoil expanding project that captures flare gas in North Dakota

Sep 12, 2014

Statoil ASA says a pilot project that captures flare gas in North Dakota is expanding to power six drilling rigs and a hydraulic fracturing fleet.

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