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

UNCONVENTIONAL GAS-5: Rising drilling, stimulation costs pressure economics

Oct 15, 2007 The sharp recent rise in well drilling and particularly well stimulation costs has led to the concern that much of the US unconventional gas resource may be becoming uneconomic.

UNCONVENTIONAL GAS-4: Technology, efficiencies keys to resource expansion

Oct 1, 2007 At the core of every successful unconventional gas play are two common themes: the continuous search for improvements in technology and the relentless pursuit of cost and operating efficiencies.

COMPANY NEWS: GDF, Suez merge into major gas distributor, utility

Sep 24, 2007 Gaz de France and Suez, following approval of their boards and shareholders, reported Sept. 3 a merger of equals set to become the largest gas transmission and distribution network operator in Europe, the number two storage and LNG terminal operator in Europe, and one of the three top utilities worldwide.

UNCONVENTIONAL GAS-2: Resource potential estimates likely to change

Sep 17, 2007 Understanding of the unconventional-gas resource base has improved in the past decade, but many unknowns remain.

Uncertainties cloud Arctic gas pipelines outlook

Sep 17, 2007 Recent developments have created uncertainties for proposed natural gas transmission systems from Canada’s Mackenzie River Delta and Alaska’s North Slope to markets farther south, said Canadian and US government officials.

UNCONVENTIONAL GAS-1: Reserves, production grew greatly during last decade

Sep 3, 2007 From an emerging resource 1 decade ago, and a mostly overlooked resource 2 decades ago, unconventional gas is now a core business of many large independent producers and a growing number of the major oil and gas companies.

COMMENT: Industry needs fresh approach to petroleum engineer training

Aug 27, 2007 As I contemplate attending the Oct. 13 homecoming at Louisiana Tech University to be recognized as a member of the graduating class of 1957, I look back with fond memories.

Mulva: Industry must ‘act with courage and forethought’ on energy

Aug 20, 2007 US energy policies should diversify sources, lower carbon intensity, improve energy efficiency, and encourage investments in new technologies, recommended ConocoPhillips Chief Executive James J. Mulva in a July 19 luncheon address at the US Chamber of Commerce.

NPC report: All energy options should be pursued

Aug 6, 2007 Every option, from developing unconventional fossil fuel resources to pursuing renewable and other alternatives, will need to be pursued if the world expects to meet its growing energy demand through 2030, the National Petroleum Council concluded in a recent study.

Models provide insights on North American gas future

Jul 2, 2007 Models using a history match of past production and a bell-curve approach provide an insight to the various estimates for ultimate recovery of conventional and unconventional gas resources in North America.

OGJ Newsletter

Jul 2, 2007 The trends of declining natural gas well productivity and reserves-to-well ratios are expected to continue through 2015 across all 50 gas basins in the US and Canada, Cambridge Energy Research Associates and IHS reported.

Various technologies unlock Pinedale anticline tight gas

Jun 25, 2007 Various technologies have enabled Shell Exploration & Production Co. to produce economically from the tight gas sands found in the Pinedale anticline of Western Wyoming.

COMPANY NEWS: Dominion sells assets in deals totaling $6.5 billion

Jun 11, 2007 Loews Corp. and XTO Energy Inc. agreed to buy certain oil and natural gas producing properties in two separate deals from Dominion Resources Inc. for a total of $6.5 billion.

DRILLING MARKET FOCUS: Companies report positive first-quarter 2007 results

May 28, 2007 Drillers and drilling service companies continue to build new land and offshore rigs, although yards are full and there is some softening in the North American land rig market.

SPECIAL REPORT: Could a future gas OPEC shape LNG import plans?

May 28, 2007 The Organization of Petroleum Exporting Countries has influenced both the supply and the price of oil internationally for more than 30 years.
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