Unconventional Exclusives

venezuela_sanctions_oil_sands

Output from the oil sands is set to increase this year. Could the U.S. Gulf Coast be a destination as a replacement for Venezuelan oil?

Brazil, shale, gas, production, ANP

Brazil’s Paraná, Solimões and Amazonas basins could hold about 414 trillion cubic meters of recoverable shale gas resources, according to the country’s oil and gas regulator.

The play is poised for a comeback. Much of the progress in the Haynesville since 2014 has been driven by private-equity-backed operators.

Suncor, Cenovus, oil sands, low carbon, solvent, technology, greenhouse gas

Solvents are playing a role in efforts to reduce greenhouse gas and lower the carbon intensity of oil sands crude oil in Canada.

lng_exports_australia

Australian LNG exports are projected to grow in the 2017-2018 financial year.

Unconventional Exploration

Reuters reported that the comapny said the data room for the tender is open from April 30 to July 31.

The amended time line was a result of discussions between the government and stakeholders and will be incorporated into the proposed regulations expected to be announced at the end of April, CBC News reported.

USGS, resources, Haynesville, Bossier, Permian, A&D, Marcellus, natural gas

Seven years since its last assessment, additional drilling and data show the shale plays outshine the Marcellus and Utica, both of which were last assessed at the beginning of the decade.

 Reservoir characterization project shale results

Students at the Colorado School of Mines discussed promising results from a Wattenberg Field study area at the Reservoir Characterization Project spring meeting in Golden, Colo.

As part of the deal, Ineos is taking over Engie's entire U.K. onshore exploration license portfolio that consists of interests in 15 licenses including seven in which Ineos had a previous participation, Reuters said.

Unconventional Production

U.S. shale oil producers expect to pump at least 160,000 more barrels per day this year than previously announced, according to a Reuters review of second-quarter regulatory filings.

U.S. shale oil production is forecast to rise for the eighth consecutive month, climbing 112,000 bbl/d to 5.585 MMbbl/d in August, the U.S. Energy Department said in a report July 17.

A grim 2016 can’t keep these giants down for long.

Suncor said on May 8 it will file a regulatory application for its 160,000 barrel-per-day  (bbl/d) Lewis project later this year, and in March received approval for the 80,000 bbl/d Meadow Creek East plant. It also plans to file an application for the 40,000 bbl/d Meadow Creek West project later this year.

Thanks to new innovations, Weir Oil & Gas is taking frack-iron handling and flowback operations where they’ve never been before.

Unconventional Technology

July 12, 2017

Argentina needs oil rigs to develop its vast shale oil and gas resources, which the U.S. has plenty of but moving that machinery from the Texas plains to the Patagonian desert is proving complex and costly.

May 10, 2017

YPF said it has placed 96 new wells on production in the first quarter of 2017, including 14 in Vaca Muerta, and that it finalized 11 exploratory wells, Reuters reported.

May 9, 2017

Suncor also said it is exploring new technologies to develop the Lewis resource, such as using solvents or electromagnetic heating instead of steam for bitumen extraction, Reuters reported.

Comstock Resources, rig, Haynesville, shale, drilling, fractures, oil, Louisiana
May 1, 2017

Monster fractures and M&A are boosting regional activity in the ArkLaTex.

Comstock Resources, rig, Haynesville, shale, drilling, fractures, oil, Louisiana
May 1, 2017

Monster fractures and M&A are boosting regional activity in the ArkLaTex.