More Unconventional News

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.

BHI: US rig count continues upward trend, reaches 1,931 units

Sep 12, 2014

The US drilling rig count increased 6 units to reach 1,931 rigs working during the week ended Sept. 12, Baker Hughes Inc. reported.

Surmont files OSCA application with AER for Wildwood oil sands project

Sep 12, 2014

Surmont Energy Ltd., Calgary, has submitted an Oil Sands Conservation Act application with Alberta Energy Regulator for its Wildwood steam-assisted gravity drainage (SAGD) project.

Freeport LNG supply header, compression trains advance

Sep 11, 2014

Gulf South Pipeline Co. LP, a subsidiary of Boardwalk Pipeline Partners LP has reached 20-year firm precedent agreements with foundation shippers to transport about 1.4 bcfd of natural gas on its Coastal Bend Header for the first two trains of Freeport LNG Development LP’s planned liquefaction plant, near Freeport, Tex.

Alon advances Bakersfield refinery, rail project

Sep 10, 2014

California state regulators have approved Alon USA Energy Inc. to move ahead with a plan designed to expand existing receiving and processing options for North American shale light crude oils at its 70,000-b/d Bakersfield refinery.

Dominion heads 1.5-bcfd Atlantic Coast gas pipeline joint venture

Sep 8, 2014

Dominion, Duke Energy, Piedmont Natural Gas, and AGL Resources have formed a joint venture to build and own the proposed 1.5-bcfd Atlantic Coast Pipeline.

Watching Government: Is a Citgo sale imminent?

Sep 8, 2014

Reports that the Venezuelan government wants to sell Citgo Petroleum Corp. have surfaced periodically for nearly a decade.

BHI: US rig count posts double-digit gain for second straight week

Sep 5, 2014

The US drilling rig count gained 11 units to reach 1,925 rigs working during the week ended Sept. 5, Baker Hughes Inc. reported.

Devon Canada files with AER for Walleye oil sands project

Sep 5, 2014

Devon Canada Corp. has submitted applications with Canada’s Alberta Energy Regulator for its Walleye steam-assisted gravity drainage project.

Williams holding open season on Western Marcellus Transco expansion

Sep 5, 2014

Williams is holding an open season for its Western Marcellus Pipeline Project, an expansion of the Transco interstate pipeline to provide incremental firm natural gas transportation to growing markets in the Mid-Atlantic and southeastern US by late 2018.

KMEP launches binding open season for Utopia pipeline

Sep 4, 2014

Kinder Morgan Energy Partners LP (KMEP) has launched a binding open season to solicit commitments for the Utica-to-Ontario Pipeline Access (Utopia) project that would transport ethane and ethane-propane mixtures from the Utica shale area. KMEP expects the pipeline to be in service by early 2018.

Nova Scotia prohibits hydraulic fracturing

Sep 4, 2014

The government of Nova Scotia has imposed an indefinite ban on hydraulic fracturing onshore.

WRI: Shale oil, gas face tight competition for water

Sep 3, 2014

Governments and businesses trying to develop tight oil and gas resources could face intense competition for water that would be used in hydraulic fracturing, the World Resources Institute said in a recent report. It found that 38% of the world’s tight shale resources face high to extremely high water stress or arid conditions.

EQT, NextEra to build Marcellus-Utica gas pipeline

Sep 3, 2014

EQT Corp. and NextEra US Gas Assets LLC, an indirect, wholly owned subsidiary of NextEra Energy Inc., have formed a joint venture, Mountain Valley Pipeline LLC, to build and own the 330-mile Mountain Valley natural gas pipeline. The joint venture also launched a binding open season for shipment on the 2-bcfd system.

Shell makes Utica gas discovery in Pennsylvania

Sep 3, 2014

Royal Dutch Shell PLC has made a natural gas discovery within the Utica shale in Tioga County, Pa.

Buckeye to buy Corpus Christi terminal interest in $860 million deal

Sep 2, 2014

Buckeye Partners LP has agreed to acquire 80% interest in a company that it will jointly own with Trafigura AG for $860 million. The transaction is expected to close later this month.

Dominion heads 1.5-bcfd Atlantic Coast gas pipeline joint venture

Sep 2, 2014

Dominion, Duke Energy, Piedmont Natural Gas, and AGL Resources have formed a joint venture to build and own the proposed 1.5-bcfd Atlantic Coast Pipeline. The 550-mile natural gas pipeline would move Marcellus and Utica shale gas from Harrison County, W.Va., southeast through Virginia, with an extension to Chesapeake, Va., and then south through central North Carolina to Robeson County.

Stay Connected