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Unconventional Gas

Huadian unit begins fracturing shale well in Guizhou

Hydraulic fracturing (‘fracking’) of the Cenye 1 shale gas well in Guizhou Province began on Monday, the provincial arm of the Ministry of Land and Resources (Guizhou MLR) said on Tuesday.

22 March 2012
Licensing Rounds

New Zealand to launch first exploration block tender by May

New Zealand plans to offer 25 oil and gas exploration blocks in late April or early May, putting to the test a new annual competitive tender system that gives the government more control over what permits are up for grabs.

22 March 2012
Projects

HRT plans to drill fifth Amazon well in April

Brazilian explorer HRT Participações em Petróleo, which has yet to convince the market it can commercialise a string of gas discoveries in the Amazon rainforest, is likely to drill its fifth well sometime in April.

22 March 2012
Projects

Brazil has room for infrastructure improvement, say execs

Gas consumption in Brazil has huge potential, but infrastructure improvements on gas-to-power projects and in remote areas are critical to the development of the industry in the country, executives told the Rio Gas Forum on Wednesday.

22 March 2012
Projects

Haslam 1

Drillsearch and Beach Energy have spudded the Haslam 1 wet gas exploration well, the fourth well in their drilling programme for the PEL 106B permit area in the onshore Cooper Basin, Drillsearch announced on Wednesday.

21 March 2012
Unconventional Gas

Government report drastically reduces Polish shale gas estimate

The Polish Geological Institute (PGI) published its comprehensive study on domestic shale reserves at midday on Wednesday, forecasting up to 768 billion cubic metres (bcm) to be available across the country constituting a significant downgrade on previous estimates.

21 March 2012
Unconventional Gas

Sunbird Energy starts CBM drilling in South Africa

Australia’s Sunbird Energy has started drilling at its Ermelo CBM project in South Africa, the company said on Wednesday.

21 March 2012
Unconventional Gas

Saudi unlikely to exploit shale potential until at least 2022 - HSBC

While Saudi Arabia has huge unconventional gas production potential in the long term, shale gas output is unlikely to contribute significantly to its energy balance in the next 10 to 15 years, according the a research report published by HSBC on Tuesday.

21 March 2012
Unconventional Gas

Shell signs landmark shale gas deal in China

Royal Dutch Shell has signed a production sharing contract with China National Petroleum Corp. for a shale gas block within the Sichuan Basin, the first deal of its kind in China.

21 March 2012
Unconventional Gas

Sinopec targets 2 bcm/y of shale gas output by 2015

Sinopec expects to produce 2 billion cubic metres of shale gas per year by 2015, accounting for nearly one-third of China’s targeted output for the period.

21 March 2012
Licensing Rounds

China to accelerate deepwater development

As China locks horns with some of its neighbours in pursuit of energy assets in disputed waters, Beijing has unveiled plans that set out a strategy for increasing the exploitation of deepwater hydrocarbon resources and developing domestic energy equipment manufacturing capabilities.

20 March 2012
Discoveries & Reserves

Market fails to react to HRT gas discoveries

HRT needs to find oil or prove it can sell its gas resources to convince the market of its high-impact exploration campaign in northern Brazil.

20 March 2012
Discoveries & Reserves

Ecuador will need foreign help to exploit new reserves

Ecuador’s discovery of a gas field with proven reserves of 1.7 trillion cubic feet (48.1 billion cubic metres) last week increased its resources by 600%, and was an immediate coup for its new exploration campaign, which was announced in February 2012. Despite confounding analysts’ expectations over exploration, Petroecuador’s attempts to extr

20 March 2012
Projects

Aramco drills deep in the push for gas

Following disappointing results from its Rub al-Khali exploration programme, Saudi Aramco is betting on the Red Sea to deliver the gas production success it sorely needs.

19 March 2012
Unconventional Gas

Western Australian fracking projects ready to go

Having received the state government’s backing and secured the drilling equipment, Australia’s AWE and Norwest Energy are set to begin fracking three shale gas wells.

19 March 2012
Licensing Rounds

Eni interested in Iraqi bidding round

Eni is “interested and willing to participate” in Iraq’s fourth bidding round in May, “especially for gas”, Claudio Descalzi, the company’s head of exploration and development told reporters on Thursday.

16 March 2012
Projects

New Kenyan offshore oil blocks

Kenya has marked out eight new offshore oil blocks to be opened up for leasing by exploration firms, Reuters reported senior energy ministry officials as saying on Friday.

16 March 2012
Projects

Eni in China

Eni could finalise a plan for developing shale gas assets in China by the end of the year.

16 March 2012
Discoveries & Reserves

Namibia offshore explorers seek support from majors

Having overcome last year’s delays, Namibian explorers are hoping for a discovery that will provide returns on investments and spark industry interest from the oil and gas majors.

16 March 2012
Projects

Wall Street welcomes Noble gas deal with IEC

Noble’s latest gas sale agreement with Israel Electric Corp. exceeded Wall Street’s expectations. And it may help bolster investor confidence in Noble’s ambitions to export LNG from the Eastern Mediterranean.

16 March 2012

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