For more details on Leonard, Bone Spring, Avalon and other horizontal oil plays, see Oil and Gas Investor’s unconventional-resource center, UGcenter.com.
Unconventional gas production in the Rockies is growing, thanks to new discoveries, contiguous-acreage strategies and better technology. Here’s how three producers are making the most of opportunities in challenging times.
For years, Mancos shale production has been commingled with that from other Uinta Basin formations; now the shale is being tested as a standalone play by such operators as Newfield, Gasco and Questar.
Interest is high in Rocky Mountain gray shales, including the Hilliard shale in the Green River and Hoback basins and the Baxter shale and Blair formation in the Rock Springs uplift area and western parts of the Great Divide and Washakie basins.
Western Newfoundland has interested explorers since the dawn of the oil industry. Shallow wells produced small oil quantities of oil through the 1960s, a deep well was drilled in the 1970s, modern seismic exploration began in 1991 and now more drilling is under way.
An interesting program to expand the Athabascan oil sands across Alberta’s border into Saskatchewan is being carried out by micro-cap Oilsands Quest Inc., headquartered in Calgary.
With China actively seeking a larger international presence, will its increased activity help this friendship survive as we turn the corner into a “new energy age”?
Commercial production of CBM was first achieved in Australia in 1996 at the Moura coal mine in Queensland. By 2006, CBM met 60% of Queensland's total gas demand, and supplied 15% of the east coast market.