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

Integrated firms' budgets targeting upstream projects

Mar 1, 2010 US-based integrated firms are shifting more of their capital spending dollars toward upstream projects and away from their downstream operations that manufacture, transport, and market refined products.

CERAWeek: Asia to dominate growing energy demand

Mar 1, 2010 Energy demand is shifting from the developed world to the developing world, and Asia is expected to account for much of the growing demand during the next 20 years, speakers told CERAWeek attendees on Mar. 8.

PERSONNEL MOVES AND PROMOTIONS: ConocoPhillips announces senior appointments

Feb 22, 2010 ConocoPhillips announced two senior leadership changes.

HighMount E&P names Garner as COO

Feb 17, 2010

HighMount Exploration & Production LLC, Houston, has named Jason A. Garner as chief operating officer, effective Mar. 1.

Alaska Pipeline Project files open season plan

Jan 29, 2010

The Alaska Pipeline Project filed its plan with the US Federal Energy Regulatory Commission for approval to conduct its open season on a potential pipeline to move natural gas from the Alaskan North Slope to Alberta and on to the US.

ExxonMobil committed to Alaskan gas line

Jan 25, 2010

ExxonMobil Corp., while seeking to expand its interests in unconventional gas resources in North America, remains committed to a gas pipeline from Alaska to the US Lower 48.

API: US drilling activity falls 37% in 2009

Jan 25, 2010 Fewer US oil and gas wells were drilled in 2009 than in 2008, but the pace of activity grew during last year's final 6 months, the American Petroleum Institute reported.

OGJ Newsletter

Jan 25, 2010

Hydraulic fracing dominates ExxonMobil-XTO merger hearing

Jan 21, 2010

A congressional hearing that ostensibly was supposed to consider a proposed merger’s market impacts quickly became a forum for debating whether to federally regulate hydraulic fracturing.

BP CEO: Growing economies demand more energy

Dec 14, 2009 BP PLC Chief Executive Officer Tony Hayward says more money needs to be spent on exploration and development if the world is to meet increasing demand for energy.

Special Report: Canada looks to shales for boost to gas supply

Dec 14, 2009 Natural gas from shale formations represents a potentially crucial source of supply growth in Canada, where production from conventional reservoirs is declining in a trend likely to continue.

Advertisers Index

Dec 7, 2009

IEA: Recession lowers global energy outlook to 2030

Nov 16, 2009 In its 2009 World Energy Outlook (WEO), the International Energy Agency projects in its reference scenario that global energy demand will climb 40% between 2007 and 2030, and the agency says that the world's energy resources are adequate to meet this projected demand increase through 2030 and well beyond.

Advertisers Index

Nov 16, 2009

CSIS: unconventional resources altering global gas outlook

Nov 9, 2009 Production potential from tight shales and other unconventional resources has significantly altered the world's natural gas outlook, experts said Oct. 28 at a seminar on the evolution of global gas markets at the Center for Strategic and International Studies in Washington, DC.
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