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

SPECIAL REPORT: Model proposed for world conventional, unconventional gas

Dec 17, 2007 A long-term conventional and unconventional natural gas production model has been developed for the world.

COMPANY NEWS: Chevron, Canadian firms report 2008 spending plans

Dec 17, 2007 One US major and two Canadian exploration and production companies have recently reported their preliminary capital spending plans for 2008.

UNCONVENTIONAL GAS TECHNOLOGY—2: Custom technology makes shale resources profitable

Dec 24, 2007 Low permeability shales are unconventional gas reservoirs that are being more efficiently exploited with newly developed production technologies.

OIL SHALE—1: US, world possess rich resource base

Jan 19, 2009 Oil shale contains a massive energy resource that potentially can contribute greatly to the world’s energy supply.

Discoveries boost output on Fell Block in Chile

Jan 19, 2009 GeoPark Holdings Ltd., Buenos Aires, said it is completing its $57 million 2008 capital program on the 440,000-acre Fell Block in southern Chile’s Austral basin.

Unconventional resources to keep pivotal supply role

Jan 26, 2009 For the past several years, leading major oil companies and independent producers have believed unconventional resources to be key elements of future energy supply.

OGJ Newsletter

Jan 26, 2009

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.

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.

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.

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.

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.

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Feb 23, 2009
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