Unconventional Exclusives

Operators in the area turn focus to personnel safety as erratic and dangerous flames forced the evacuation of the entire city.

Study shows unconventional North American shales with the most potential. The results are not surprising.

John Paisie, Stratas Advisors

At Hart Energy’s Viewpoint Executive Energy Club, Stratas Advisors directors gave industry executives a wide-ranging view and key to competing in the upcoming year.

At Hart Energy’s Viewpoint Executive Energy Club, Stratas Advisors directors gave industry executives a wide-ranging view and key to competing in the upcoming year.

OFS, M&A, Trican, Keane Group, oilfield services, Bakken, Eagle Ford, Permian

Keane said it will purchase the U.S. assets of Trican Well Service, Canada’s largest pressure pumper, and expand its presence in the Midcontinent, Permian, Bakken and Utica/Marcellus shale plays.

Unconventional Exploration

Statoil will have a 50% interest in the Banarli licenses, while the operator Valeura Energy Inc., a Canadian exploration company, will keep the remaining 50%. The shallow formations above 2,500 meters will be 100% retained by Valeura, Statoil said.

Environmental advocacy groups and landowners in the Karoo, a vast semi-desert wilderness stretching across the heart of South Africa, have argued that exploring for shale by hydraulic fracturing would cause huge environmental damage.

Water Standard Group will now be able to deliver innovative, competitively priced water treatment solutions from small skid-mounted assemblies and mobile equipment, and larger integrated packages and modules.

MicroSeismic, microseismic, Peter Duncan, well, unconventional, monitoring

The saved time could translate into improved efficiency amid the continuing downturn, according to an oilfield services company.

Stephen Brunner, Petro River’s president, said past political and geological issues have rendered Larne the only truly untested carboniferous basin Europe. Larne is broadly similar to carboniferous-sourced East Irish Sea Basin.

Unconventional Production

Roughly 1 million barrels per day (MMbbl/d) of output has been lost to the fire, about half of the oil sands’ usual daily production, as producers and pipeline operators curbed activities and moved workers out of harm’s way.

Until 2012, third-party contractors cleaned its used drill pipes, Weatherford said. The water recycling program reduced the facility's freshwater requirements to 17,000 gallons per year, down from 2.2 million.

Output at world’s 10th-largest natural gas field will be capped at 27Bcm per year, according to a Dutch court ruling, Reuters reported. Groningen helps supply about 15% of Europe’s gas.

Karnes County, Texas, is not all about the Eagle Ford Shale, so says BlackBrush Oil & Gas LP COO Mark Norville. Add a little Austin Chalk into the recipe, and the well results get spicy—a kick up to 250% IRR.

The B8 field is estimated to have about 3.5 million tonnes of oil where Lotos has said it plans to produce ultimately some 250,000 tonnes, Reuters said.

Unconventional Technology

May 6, 2016

Over the past 24 hours, the Fort McMurray fire has advanced to the south and south east of the city. The fire front is estimated to be within 5 km of the Hangingstone site, a news release said.

April 5, 2016

Eni and BG each own 29.25% of Karachaganak project in northwest Kazakhstan, which they jointly operate. State-owned KazMunayGaz owns 10%, Chevron Corp. (NYSE: CVX) 18% and Lukoil 13.5%, Reuters said.

March 31, 2016

The contract is BP’s first shale gas PSC in China and covers an area of about 1,500 sq km, BP said. CNPC will be operator.

March 17, 2016

Fire aboard P-48 FPSO vessel started at about 1 p.m. local time as platform was being shut down and has since been put out, according to workers' union, Reuters reported.

March 9, 2016

CEO Miguel Galuccio's resignation will take effect at the end of next month, a YPF spokesman told Reuters on March 9. He was appointed in 2012 by then-President Cristina Fernandez after she seized control of the company from Spanish oil giant Repsol.