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

Hydraulic fracturing liabilities suggest insurance coverage

May 24, 2010 Hydraulic fracturing, used for decades to increase the production of oil and natural gas, has recently become the subject of heightened inquiry and debate.

Eurogas sees larger role for natural gas

May 17, 2010

Any future outlook for sustainable energy must involve a larger role for natural gas, said members of the European Union of the Natural Gas Industry (Eurogas) after its forecasting task force recently updated its 2007 assessment.

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May 10, 2010

OTC speakers highlight offshore industry's future

May 10, 2010 This report was reported and written by Bob Tippee, editor; Steven Poruban, senior editor; and Paula Dittrick, senior staff writer.

CHINA'S ENDOWMENT—2: China assesses unconventional land oil shale, oil sands, coal gas resources

Apr 26, 2010 The China National Petroleum Assessment (2003-07) evaluated coalbed methane, oil shale, and oil sands resources in Chinese onshore basins.

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Apr 19, 2010

CHINA'S ENDOWMENT—1: China assesses conventional resources in 115 basins

Apr 19, 2010

The China National Petroleum Assessment (2003-07) evaluated conventional oil and gas resources in 115 Chinese basins.

Modeling exercises assess US CO2-EOR potential

Apr 12, 2010

Modeling exercises indicate carbon dioxide enhanced oil recovery might recover a considerable amount of technically and economically incremental oil in different regions of the US under various technology scenarios.

Michigan basin Utica shale gas play may ignite

Apr 5, 2010 A play for natural gas in Upper Ordovician Utica shale may be nearly ready to sprout wings in the northern Michigan basin.

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Apr 5, 2010

Linn Energy to buy additional Permian basin assets

Mar 31, 2010

Linn Energy LLC, Houston, has agreed to spend $305 million to acquire more oil and gas properties in the Permian basin, saying the acquisition is expected to double its production in that basin.

Linn Energy to acquire Antrim shale properties in Michigan

Mar 29, 2010

Linn Energy LLC agreed to acquire natural gas properties in the Antrim shale of northern Michigan from HighMount Exploration & Production LLC for $330 million. Both companies are based in Houston.

El Paso unit buys majority stake in Elba Island terminal, line

Mar 26, 2010

El Paso Pipeline Partners LP will pay $810 million for a 51% interest in both Southern LNG Co. LLC and El Paso Elba Express Co. LLC to El Paso Corp.

CERAWeek: LNG industry struggles with oversupply

Mar 22, 2010

Global LNG players are struggling with the current abundance of LNG capacity and the companion spike in supply from unconventional sources, mainly shale gas in North America.

WoodMac: Gas glut forcing Gazprom to look elsewhere

Mar 20, 2010 Russia faces a difficult natural gas market in short and medium terms, with both prices and market share coming under pressure.
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