Read the latest Unconventional Exploration news, drilling and technology from PennEnergy.
EIM Capital, a private equity fund in Mexico City, announced a long-term partnership with an affiliate of American Energy Partners LP (AEP) of Oklahoma City to explore for unconventional resources in Mexico although financial terms were not disclosed.
Beach Energy Ltd. (ASX: BPT) has provided an update with regard to the unconventional exploration program in the Nappamerri Trough Natural Gas (NTNG) project in PEL 218 (Beach 70%; and operator, Chevron Exploration Australia
Economic Development and the Institute of Geological and Nuclear Sciences Limited (GNS Science) for onshore unconventional exploration in New Zealand. Stephen L. Dutnell Mr. Dutnell has more than 25 years of petroleum related experience
Halliburton, the oilfield services company with the largest hydraulic fracturing fleet, has signed an agreement with the SPT Energy Group Inc. affiliate, Petrotech (Xinjiang) Engineering Co. Ltd., to establish a joint venture company focused on hydraulic fracturing and production enhancement ...
PetroChina will also acquire interest in two Western Australia exploration assets.
and deferral of major project spending. The company in December said it plans to significantly reduce its unconventional exploration programs in 2015. ConocoPhillips reported a fourth-quarter 2014 net loss of $39 million, compared with
well is flowing at levels that meet or exceed the results of the first well. In its first test, this second unconventional exploration well produced a flow rate of 448 barrels per day of oil and 1 million cubic feet of gas per day, according
contracts. Luis Videgaray said in a radio interview Thursday it is likely bidding will be delayed for so-called unconventional exploration projects, such as shale deposits that are more challenging in terms of access or technology. As part of historic
million) respectively. Origin Upstream CEO Paul Zealand said, “This farm-in provides Origin a significant unconventional exploration position in one of the Northern Territory’s most prospective onshore basins. Previous exploration activities
well planning, and fracture modeling through simulation. For global oil and gas companies, success in unconventional exploration depends on efficient and economic hydrocarbon extraction. Paradigm software and services help get the job done quickly while