More Unconventional News

Declining costs enhance Duvernay shale economics

Sep 1, 2014

Alberta's Duvernay play is often characterized as Canada's Eagle Ford and is similarly seen as one of the most economically attractive plays in North America.

Supply complacency

Sep 1, 2014

Complacency comes easily in the US when the price of crude oil sags while hostilities jar the Middle East, while Russia tests Western resolve over Ukraine, and while China rattles its neighbors with territorial claims.

Utah's crude transportation options include Uinta Express project

Sep 1, 2014

Utah's crude oil transportation options-which include Tesoro Refining & Marketing Co. LLC's proposed Uinta Express Pipeline-typify the broader US challenge in several ways.

CERI: Market access key to Canadian bitumen output

Sep 1, 2014

Outcomes in two areas of critical uncertainty can mean a difference in Canadian bitumen production in 2030 of 1.7-1.8 million b/d, according to a study published by the Canadian Energy Research Institute.

BLM announces California oil, gas strategy as CCST issues report

Aug 29, 2014

The US Bureau of Land Management’s California state office announced a comprehensive strategy for its oil and gas program in the state after receiving an independent review of well stimulation technologies it asked the California Council on Science and Technology (CCST) to conduct in September 2013.

BHI: US rig count recoups last week’s losses, jumps to 1,914

Aug 29, 2014

The US drilling rig count jumped 18 units to reach 1,914 rigs working, gaining back the 17 units it lost last week plus one, during the week ended Aug. 29, Baker Hughes Inc. reported.

Petronas, YPF sign $550 million development deal for Vaca Muerta

Aug 28, 2014

Malaysia’s state-run Petronas signed a $550 million agreement with YPF SA, Buenos Aires, on Aug. 28 in Kuala Lumpur detailing terms and conditions for the development of oil from the giant Vaca Muerta shale in Argentina’s Neuquen province.

Quicksilver-Eni well flows oil in West Texas

Aug 28, 2014

Quicksilver Resources Inc. and Eni SPA have spudded a second well in their exploratory joint venture targeting unconventional reservoirs in Pecos County, Tex., after the first well flowed oil.

Dakota Gold to develop Bakken-Three Forks crude terminal

Aug 27, 2014

Dakota Gold Transfer-Plaza LLC plans to develop a crude oil transload terminal in Mountrail County, ND. Sited on 350 acres in the eastern section of the Bakken and Three Forks shale oil producing areas and served by Canadian Pacific Railway (CP), the Plaza Terminal will allow shipment to multiple markets via rail and pipeline.

CNRL files OSCA application with AER for Grouse oil sands project

Aug 27, 2014

Canadian Natural Resources Ltd. has submitted an Oil Sands Conservation Act application with Alberta Energy Regulator for its Grouse steam-assisted gravity drainage (SAGD) project.

MarkWest to expand processing, fractionation in Pennsylvania

Aug 26, 2014

MarkWest Energy Partners LP, Denver, will expand midstream infrastructure at its Keystone complex in Butler County, Pa., the company said, to handle growing rich-gas production from the Marcellus shale and Upper Devonian formations.

Parsley Energy adds Permian basin acreage

Aug 26, 2014

Parsley Energy Inc., Midland, Tex., has agreed to buy from “multiple sellers” undeveloped and productive acreage in Reagan County, Tex., for a total of about $252 million.

BHI: US rig count upward momentum stymied, falls below 1,900 mark

Aug 22, 2014

The US drilling rig count lost 17 units to settle at 1,896 rigs working during the week ended Aug. 22, ending four consecutive weeks of gains, Baker Hughes Inc. reported.

TSB report outlines ‘multitude of factors’ behind Lac-Megantic train derailment

Aug 20, 2014

A multitude of factors led to July 6 derailment of a runaway train in Lac Megantic, Que., carrying 72 carloads of Bakken crude oil bound for Irving Oil Ltd.’s refinery in Saint John, NB, according to an investigation report released Aug. 19 by the Transportation Safety Board of Canada (TSB).

Canadian firms plan BC gas plant, target LNG export

Aug 19, 2014

AltaGas Ltd. and Painted Pony Petroleum Ltd., both of Calgary, have agreed to develop processing and marketing of natural gas and NGLs for Painted Pony’s liquids-rich Montney gas production in northeast British Columbia.

Companies plan to connect Pioneer Rail terminal, Bakken gathering line

Aug 19, 2014

Dakota Plains Holdings Inc., Wayzata, Minn., and Hiland Partners LP unit Hiland Crude LLC reported signing an interconnection agreement that will link Dakota Plains’ Pioneer Rail terminal in New Town, ND, with Hiland’s Market Center gathering system crude oil pipeline network.

AER strengthens air quality requirements for Peace River operators

Aug 19, 2014

Addressing emissions and odors, Alberta Energy Regulator says it has strengthened requirements to capture casing and tank top gas from heavy oil and bitumen operations in the Peace River region.

BlackPearl files OSCA application for Blackrod SAGD

Aug 19, 2014

Alberta Energy Regulator reports that BlackPearl Resources Inc., Calgary, has filed an Oil Sands Conservation Act application for the Blackrod commercial steam-assisted gravity drainage project.

EnLink to continue Utica expansion with 45-mile condensate pipeline

Aug 18, 2014

EnLink Midstream Partners LP and EnLink Midstream LLC, affiliates of EnLink Midstream, plan to build a 45-mile, 8-in. condensate pipeline and six natural gas compression and condensate stabilization facilities in the Ohio River Valley at a total cost of more than $250 million.

EIA: China to increase natural gas consumption, investment

Aug 18, 2014

China more than tripled natural gas production since 2003, producing 3.8 tcf in 2012, and the government is targeting production to reach about 5.5 tcf/year of gas by the end of 2015, according to a recent analysis from the US Energy Information Administration.

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