Archive for the ‘Other Unconventional’ Category
Cenovus lifts 2017 capital budget by 24%, to resume Christina Lake expansion
December 9th, 2016 by Latest News
Cenovus Energy Inc., Calgary, in 2017 plans to invest $1.2-1.4 billion, a 24% increase compared with the firm’s forecast capital spending for 2016.
Research highlights spatial, temporal variability in source rocks through the Phanerozoic
December 5th, 2016 by Latest News
Improved understanding of the predominant organofacies through the past ~500 million years and the number of source rocks preserved in the geologic record will lead to better estimates of paleo-organic matter storage.
Oil-sands investment can grow in Alberta despite the Canadian government’s carbon-pricing plan announced last month, according to a TD Bank economist.
API-commissioned study backs EPA’s fracing, drinking water findings
November 17th, 2016 by Latest News
The US Environmental Protection Agency’s original conclusions that no studies or data have indicated a widespread, systematic effect on drinking water resources as result of hydraulic fracturing are correct, a study commissioned the American Petroleum Institute found.
US crude oil production from tight shale formations could climb quickly as prices recover, but the emphasis likely will be more on short-term onshore projects that are easy to start than on longer-run offshore areas with greater potential, the International Energy Agency’s chief economist said.
Country-by-country coordination of oil supply is more difficult now than it was in past efforts by the Organization of Petroleum Exporting Countries to make it work.
The Obama administration’s decision to withdraw and reconsider permits it issued for the proposed Dakota Access crude oil pipeline raises serious questions about the future of building US systems and the livelihoods of the project’s construction workers, general presidents of the International Brotherhood of Teamsters and four other labor unions said.
Two water-based mud (WBM) and one potassium-based mud (PBM) drilling fluid systems emerged as alternatives to non-aqueous based fluids (NAFs) in testing at the Silurian Dadas shale of southeast Turkey.
Victorian Labor Premier Daniel Andrews has announced that his government will introduce a permanent ban on hydraulic fracturing and all exploration and development of unconventional gas throughout the state.