Natural Gas Exploration and Production
Unconventionals
Golden summer continues for UK shale

The UK government has proposed a new tax regime for shale operators which Chancellor George Osborne has said is “the most generous in the world”.
Latest Exploration and Production News
- Hungary remains neutral on shale gas exploration
- Turnaround for KMG EP production after tough 2012
- Pakistan makes two promising gas discoveries in July
- Oil Search upbeat on Gulf of Papua exploration
- Cuadrilla in talks with UK water supplier
- Schlumberger to team up with CNOOC oilfield unit
- Kirinsky gas to feed Sakhalin, not Vladivostok
Unconventionals
‘Significant shale production’ could see UK prices fall by 28%

UK gas prices could fall by 28% by 2030 if shale production in the UK and continental Europe is significant over the coming decades, according to a report prepared for the UK’s DECC by Navigant Consulting.
Discoveries & Reserves
Sovereign risk focuses SOCAR’s gaze on gas

Both Azerbaijan’s SOCAR and its main backer, the state, are feeling the pinch from declining petrodollars. This squeeze is forcing the company to focus on gas projects to help fill the revenue gap.
Unconventionals
Shell deepens Chinese shale reach with Hunan tie-up

Shell has moved deeper into China’s unconventional space with a new deal which could help kick-start the country’s fledgling shale gas industry.