Other Unconventional Oil

Other Unconventional Description ImageIn addition to the well-known gas shale plays like the Barnett, Haynesville, Marcellus, and Eagle Ford, and oil plays like the Bakken, there are perhaps dozens of smaller, less well-known resource plays, many of which are in the very early stages of exploration and development. Some of the plays are shale and others are tight gas or coalbed methane. Many are in the United States and Canada, but increasingly exploration and production companies are using modern drilling and production technology to develop natural gas and oil from unconventional subsurface formations in Europe and Asia. Doubtless, unconventional resources eventually will be exploited in Africa, South America, and Australia as well. What we call “unconventional” today will be considered “conventional” in time.

Other Unconventional Oil News

ConocoPhillips commits to W. Australia shale gas project

Oct 6, 2011

ConocoPhillips has committed to its $109.5 million farmin to Perth-based New Standard Energy Ltd.’s (NSEL) Goldwyer shale gas project in Western Australia’s onshore Canning basin (OGJ Online, July 14, 2011).

Cuadrilla Resources announces large shale gas find in UK

Sep 22, 2011

Cuadrilla Resources estimates there is 200 tcf of natural gas in place at its exploration license area in the Bowland basin shale prospect in northwest England.

EIA forecasts higher global oil prices, growing volatility

Sep 19, 2011

The US Energy Information Administration still sees higher global crude oil demand and prices over the long run as national economies recover, but expects markets to grow more volatile in the near- to midterm as demand uncertainties multiply, acting EIA Administrator Howard K. Gruenspecht said as he released EIA’s latest International Energy Outlook.

Shell to explore for unconventional natural gas in Ukraine

Sep 7, 2011

Royal Dutch Shell PLC plans to invest as much as $800 million in exploring for unconventional natural gas in Ukraine, according to government officials who signed a recent cooperative agreement with Shell.

Australia: Beach sees multiple Nappamerri plays

Aug 29, 2011

Beach Energy Ltd., Adelaide, said it believes that in addition to substantial shale gas potential the Cooper basin in Australia also contains an unconventional basin-centered gas play.

IHS CERA report questions EPA estimates of GHGs at shale gas wells

Aug 25, 2011

Estimates that the US Environmental Protection Agency and others have used for greenhouse gas (GHG) emissions from shale gas production probably are overstated, IHS Cambridge Energy Research Associates said in a new report.

RPSEA selects unconventional gas, small producer program projects

Aug 2, 2011

The Research Partnership to Secure Energy for America (RPSEA) selected eight proposals under the unconventional resources program and three proposals under the small producer program for negotiations leading to the awarding of $12.4 million.

OTC: Farquhar says 'political people' don't interfere with permitting

May 6, 2011

“Political people don’t pay attention to individual permits. They don’t interfere with permitting for political purposes,” Ned Farquhar, deputy assistant secretary for land and minerals management in the US Department of the Interior, told energy professionals May 5 at the Offshore Technology Conference in Houston.

Sentry names vice president for unconventional resources

Apr 27, 2011

Sentry Petroleum Ltd., Denver, said that Charles Barker has joined the company as vice-president for unconventional resources.

WorleyParsons: LNG has lower GHG-emission benefit

Apr 21, 2011

An independent report produced by WorleyParsons Ltd. and released at the Australian Petroleum Production & Exploration Association (APPEA) conference in Perth noted the benefits of LNG in reducing greenhouse gas (GHG) emissions.

FGE: 2010 US LNG imports, future buck regional trends

Apr 20, 2011

Saying 2010 was an “indifferent year” for US LNG imports, FACTS Global Energy, Singapore, also said in a review of the US market that rising unconventional gas output has helped contain US LNG demand while higher natural gas production has helped depress US gas prices.

Gastech: Shell sees critical roles for natural gas, LNG

Mar 22, 2011

Natural gas, and LNG especially, will play critical roles in meeting global energy demand to 2050 during which time the world must reduce greenhouse-gas emissions by half, according to Malcolm Brinded, executive director for upstream international, Royal Dutch Shell PLC.

Firm sees muted gas hike from nuclear woes

Mar 18, 2011

Global lifts to power-generation investment over 2011-15 resulting from the nuclear crisis in Japan will amount to about $100 billion each for coal-fired boilers and gas turbines, says McIlvaine Co., Northfield, Ill.

CERAWeek: Unconventional gas lifts US petrochemicals

Mar 9, 2011

Rapid growth in gas supply from shales and other unconventional reservoirs inverts expectations for North American petrochemicals and underscores the importance of feedstock flexibility in an integrated business strategy, says the leader a major US petrochemical manufacturer.

Appert: Oil prices may average $80-95/bbl this year

Feb 17, 2011

Oil prices should hover around $80-95/bbl this year, supported by expected economic growth in emerging countries, said IFP Energies nouvelles Pres. Olivier Appert last week at the annual Panorama conference in Paris.

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