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Unconventional Oil & Gas

Iran Finds 2 bln Barrels Shale Oil Reserves in Western Province
Iran has discovered major reserves of shale oil in the western parts of the country with a top official saying that the reserves are the first that have a feasible potential for production. ...

Recent Unconventional Projects Updates

Block 61 - Khazzan and Makarem Gas Fields Development
Khazzan tight gas project is on schedule to start first natural gas production on commercial basis in the fourth quarter of 2017.
Favorites  Production - Updated: 1/28/2017 - Field Development Project - OM
Blocks 2013B, 2014B, 2114A
Significant 3D and 2D seismic surveys and interpretation have been completed and several wells in the Walvis Basin are expected to be drilled by various companies in 2017 and 2018. Successful partnerships with major oil companies carried work programme over Daniel Block– including Tullow and AziNam.
Favorites  Exploration - Updated: 1/9/2017 - Field Development Project - NA
Area CN-V (Cuenca Neuquina V)
GeoPark will start-up activities in Argentina, with expected exploration drilling during Q2 of 2017 to test CN-V Block.
Favorites  Exploration - Updated: 1/9/2017 - Field Development Project - AR
Coiron Amargo Sur Este (CASE)
Madalena Energy and Pan American Energy (PAE) have entered into an agreement whereby PAE will provide a limited recourse loan to Madalena of up to $40 m. Madalena will transfer a 55% WI and operator ship to PAE and retaining a 35% non-operated WI in the Coiron Amargo Sur Este (CASE) block.
Favorites  MainContract - Updated: 12/7/2016 - Field Development Project - AR
Coiron Amargo Sur Este (CASE)
The work program for (CASE) block will consist of either two horizontal multi-frac completions in the Vaca Muerta shale formation or one horizontal multi-frac in the Vaca Muerta and one deep Grupo Cuyo sandstone gas test, utilizing existing cased wellbores on the block.
Favorites  Execution - Updated: 12/7/2016 - Field Development Project - AR
Fuling Shale Gas Block
China will invest 1.85 billion yuan (about $268 million) to develop a shale gas project in Chongqing with an annual production capacity of 2 billion cubic meters (bcm) in three to five years. The country has laid out a shale gas development blueprint to pull out 30 bcm by 2020 and 80-100 bcm by 2030 and the southwest municipality of Chongqing has been identified as one of the top five production zones.
Favorites  Development - Updated: 11/23/2016 - Field Development Project - CN
Block 61 - Khazzan and Makarem Gas Fields Development
BP and OOCEP signed an agreement with the Government of Oman to extend the license area, paving the way for further development of the giant Khazzan tight gas field. The Phase 1 project, sanctioned in December 2013, is more than 80 percent complete and remains on schedule to deliver first gas in late 2017. Subject to final approval, Khazzan Phase 2 project is expected to come on stream around 2020.
Favorites  MainContract - Updated: 11/8/2016 - Field Development Project - OM
Block 61 - Khazzan and Makarem Gas Fields Development
The phase one of Khazzan natural gas project is 80 per cent complete and on track to deliver first gas near the end of 2017.
Favorites  Development - Updated: 10/24/2016 - Field Development Project - OM
Block VMM-2
Offset to the Mono Arana-1 oil discovery, Canacol plans to spud Mono Capuchino-1 in October 2016.
Favorites  Exploration - Updated: 9/21/2016 - Field Development Project - CO
Coiron Amargo Block
Madalena, O&G, ROCH, Apco and G&P have agreed, subject to government approvals and an Executive Decree, to divide Coiron Amargo Sur into two evaluation lots – Coiron Amargo Sur Este and Coiron Amargo Sur Oeste. Madalena will assign its interest in Coiron Amargo Sur Oeste (5,754 net acres) to its counterparties. In return, Madalena will increase its WI to 90% at Coiron Amargo Sur Este, increasing its net acreage by 30,964 to 50,668 acres and become operator on this parcel. G&P will retain its 10% WI. At Coiron Amargo Norte, Madalena will retain its 35% WI (9,309 net acres) and Apco will become the operator.
Favorites  MainContract - Updated: 7/11/2016 - Field Development Project - AR

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Unconventional Oil Events

6-8 December 2016 - Kuwait
21-22 November 2016 - Jordan
9-10 May 2016 - Argentina
25-26 November 2015 - Bahrain
15-16 October 2015 - China
20-21 May 2015 - China
18-19 May 2015 - Argentina
22-24 April 2015 - China
11-12 March 2015 - Mexico
5- 6 November 2014 - United States

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