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

US LNG imports in 2008 signal unexpected role for gas markets

Mar 9, 2009 Recent experience and forecasts have shown a narrowing gap between domestic natural gas supply and consumption, unfavorable oil-to-gas price disconnects, increasing competition for limited liquefaction capacity, and dampened domestic demand due to the current economic decline.

Compositional variety complicates processing plans for US shale gas

Mar 9, 2009 Recently higher gas prices and improved drilling technology have spurred shale gas drilling across the US.

State governors evaluate energy’s role in economic strategies

Mar 9, 2009 US governors brought a wider than usual range of energy ideas to the 2009 winter meeting of the National Governors Association Feb. 21-23 in Washington as they grappled with a deepening recession.

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Mar 9, 2009

OGJ Newsletter

Mar 2, 2009

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Mar 2, 2009

Chesapeake unconventional gas stake deep

Mar 2, 2009 Chesapeake Energy Corp., Oklahoma City, reported an 11% increase in proved reserves to 12.1 tcf of gas equivalent in 2008 and detailed the depth of the company’s commitment to US unconventional gas.

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Feb 23, 2009

CERAWeek: Al-Naimi urges ‘inclusive energy strategy’

Feb 16, 2009 Calling for an “inclusive energy strategy,” the Saudi Arabia minister of petroleum and mineral resources listed factors of price volatility among “newly emerging challenges” facing the oil and gas industry.

SEC updates reserves reporting regulations

Feb 16, 2009 The recently updated US Securities and Exchange Commission reserves reporting requirements for oil and natural gas companies attempt to provide investors with more meaningful and comparable disclosures.

Global perspectives required for risk, opportunity analyses

Feb 9, 2009 The world has always held risks for upstream oil and gas companies, and it certainly shows no signs of becoming less risky in the near future.

NAPE: Geoscience gains hiking oil, gas recovery

Feb 9, 2009 Stiff gas-on-gas competition and a shakeout are approaching in the North American unconventional gas business, attendees were told Feb. 4 at an introductory session to the North American Prospect Expo in Houston.

Oil Shale—Conclusion: Technology may control adverse environmental effects

Feb 9, 2009 Technology may help control the potential adverse environmental effects of oil shale development in accordance with current and future US environmental policy.

Equation aids early estimation of gas field production potential

Feb 9, 2009 Natural gas is the world’s fastest growing fossil energy source, contributing 287 bcfd or roughly 50 million b/d of oil equivalent oil.

OIL SHALE—3: Analytic approach estimates oil shale development economics

Feb 2, 2009 An analytical approach estimates that the minimum economic price for developing the vast US oil shale resources to be $38-62/bbl of shale oil produced.
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