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Global unconventional oil and gas month in brief: ExxonMobil and Chevron eye Algerian shale

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15 October 2019

Global unconventional oil and gas month in brief: ExxonMobil and Chevron eye Algerian shale

Report summary

This monthly briefing highlights current events and the latest play intelligence for unconventional upstream projects globally. Coverage includes shale gas and tight oil plays beyond the US and Canada, whether proven or emerging. Sources for the news stories include company press releases, industry events, press coverage, and our own modelling changes. The facts are presented, but more importantly, we endeavour to provide proprietary Woodmac views with lots of opinion and analysis to add meaning, context, and relevance.

Table of contents

  • Australia: Beetaloo exploration resumes with new spud
  • Algeria: ExxonMobil and Chevron eye Algerian shale
  • Brazil: open acreage awards in Recôncavo basin
  • China: PetroChina reports big oil and gas additions
  • Colombia: court concedes to hydraulic fracturing pilot
  • Saudi Arabia: Aramco explores unconventional gas
  • Turkey: Valeura Energy and Equinor enjoy tight gas test success in Thrace basin
  • Colombia: Uncertain future for hydraulic fracturing
  • UK: Seismic activity halts Cuadrilla’s hydraulic fracturing operations again
    • Argentina: Primary election creates economic uncertainty for Vaca Muerta
    • US Permian: The many sides of cube drilling
    • Argentina: ConocoPhillips farms into two Vaca Muerta blocks with Wintershall Dea
    • Colombia: Ecopetrol enters Permian while La Luna play stalls
    • Russia: Gazpromneft's unconventional outlook
    • China expands unconventional gas subsidy to include tight gas
    • Canada: New Brunswick province moves towards removal of five-year fracking ban
    • UK: Cuadrilla to re-start hydraulic fracturing in northwest England
    • Argentina: Santa Cruz province to license shale gas exploration blocks
    • Argentina: ExxonMobil sanctions its first Vaca Muerta development
    • Russia: Gazpromneft prioritizes tight oil technology
    • Russia: Gazpromneft and Shell form West Siberia JV
    • Russia: Zarubezhneft and Gazpromneft joint exploration
    • Argentina: Woodmac boots on the ground in Neuquén
    • Argentina: YPF contracts FLNG facility to monetize shale gas
    • Canada: Montney producers intensify focus on liquids development
    • Argentina: Planned proppant train gets sidetracked
    • Colombia: Observations from our research trek in country
    • Gazpromneft starts tight oil developments at Yamburgskoye
    • China: BP plans to exit Sichuan Basin shale
    • China: Headwinds for Sichuan basin shale gas production targets
    • China: Shell signs shale oil JSA with Sinopec
    • UK: IGas sees technically encouraging well results
    • Colombia: denies two hydraulic fracturing permits
    • Argentina: Aqueduct planned for Vaca Muerta
    • Argentina: Tecpetrol contracts river dredger to source proppant for Vaca Muerta
    • Argentina: Mendoza province grants first unconventional licence
    • Algeria: New licence to explore
    • UK: No regulatory relief in sight for discovery
    • China: Earthquakes cause drilling pause
    • Mexico: Approval to test Tampico-Misantla
    • Colombia: Monitoring La Luna fracture pilots
    • Argentina: Vaca Muerta imports US proppant
    • Argentina: Unconventional price incentives ending

Tables and charts

This report includes 27 images and tables including:

  • Beetaloo basin location map
  • Sichuan Basin shale fields
  • Overview of Saudi Aramco unconventional gas activity
  • ConocoPhillips Vaca Muerta farm-in blocks
  • Oxy and Ecopetrol reserves map
  • China unconventional gas production by resource theme
  • UK Bowland shale licensed areas
  • Vaca Muerta developments with operator and year of project sanction
  • Gazpromneft's new partnerships with Shell
  • Top of Montney formation depth map, with well gas-to-oil ratio
  • Wood Mackenzie's updated China commercial shale gas forecast
  • Location map of BP shale gas and Shell shale oil blocks
  • Paraná River and Northern White sand quality
  • Phoenix's Puesto Rojas block location in Mendoza Province
  • Our base case outlook forecasts 17 bcm production in 2020, while the target is 30 bcm.
  • Argentina 2018 unconventional gas production

What's included

This report contains:

  • Document

    Global unconventional oil and gas month in brief: ExxonMobil and Chevron eye Algerian shale

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