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Last updated on April 23, 2014 at 21:24 EDT

Latest Unconventional oil Stories

2014-03-04 12:28:12

DALLAS, March 4, 2014 /PRNewswire-iReach/ -- RnRMarketResearch.com adds "Shale Gas & Tight Oil: Products & Services to 2017" to its store that says the rapid growth in production from these unconventional resources continues to have a ripple effect throughout the US economy. http://photos.prnewswire.com/prnvar/20140304/MN76206 US demand to surpass $90 billion in 2017 Demand for products and services used in the development of shale gas and tight oil reservoirs is forecast...

2014-03-04 00:21:25

CAMARILLO, CA, March 3, 2014 /PRNewswire/ - BNK Petroleum Inc. (the "Company" or "BNK") (TSX: BKX) is providing the results of its December 31, 2013 independent reserves evaluation. The evaluation of the Company's reserves in the Caney / Upper Sycamore formations of the Tishomingo Field in Oklahoma was conducted by Netherland, Sewell and Associates, Inc. ("NSAI") in accordance with National Instrument 51-101 - Standards of Disclosure for Oil and Gas Activities. 2013 Gross...

2014-03-03 23:21:15

According to the officials of 2014 UGAS, Sinopec has finished constructing one of the deepest horizontal wells in Fuling Block (a famous place that is located in Chongqing province, China) on February 20, 2014. (PRWEB) March 03, 2014 According to the officials of 2014 UGAS, Sinopec has finished constructing one of the deepest horizontal wells in Fuling Block (a famous place that is located in Chongqing province, China) on February 20, 2014. This well, named “NanYe 1 HF”, is 5712.56...

2014-03-03 04:21:38

CALGARY, March 3, 2014 /PRNewswire/ - Vermilion Energy Inc. ("Vermilion", the "Company", "We" or "Our") (TSX, NYSE: VET) is pleased to announce summary 2013 year-end reserves and resource information. The estimates of reserves and resources and other oil and gas information contained in this news release has been estimated by GLJ Petroleum Consultants Ltd. ("GLJ") and prepared in accordance with National Instrument 51-101 "Standards of Disclosure for Oil and Gas Activities" of the...

2014-02-25 23:22:32

The global market for enhanced oil recovery (EOR) technologies was valued at $21 billion in 2012 and was estimated at $22.6 billion for 2013. BCC Research expects the market to grow to $34.4 billion by 2018, and register a five-year compound annual growth rate of 8.8% from 2013 to 2018. Wellesley, Mass (PRWEB) February 25, 2014 According to a new technical market research report Enhanced Oil Recovery: Technologies and Global Markets, from BCC Research (http://www.bccresearch.com), the...

2014-02-19 16:22:10

HOUSTON, Feb. 19, 2014 /PRNewswire/ -- Sanchez Energy Corporation (NYSE: SN) today announced that the well results for the Sante North 1H well that were filed with the Texas Railroad Commission indicating that the well produced 150 barrels of oil, 104,000 cubic feet of natural gas and 766 barrels of water during a 24-hour test on January 26, 2014 were based on a partial well test. Sanchez Energy noted that, out of the 22 stages of the Sante North 1H well that had been fracture...

2014-02-17 08:22:30

LONDON, Feb. 17, 2014 /PRNewswire/ -- Reportbuyer.com just published a new market research report: Unconventional Resources Analysis - Wolfcamp Shale (US Lower 48) Massive Potential Emerging in the Permian Unconventional Resources Analysis - Wolfcamp Shale (US Lower 48) Massive Potential Emerging in the Permian Summary "Unconventional Resources Analysis - Wolfcamp Shale (US Lower 48) Massive Potential Emerging in the Permian", GlobalData's latest report, is a comprehensive analysis on...

2014-01-29 16:23:23

DENVER, Jan. 29, 2014 /PRNewswire/ -- -- Capital budget for 2014 is $2.6 billion including $1.8 billion for drilling and completion, $600 million for expanding midstream facilities and $200 million for core leasehold acreage acquisitions -- Net daily production for 2014 is projected to average 925 to 975 MMcfe/d, a 75% to 85% increase over estimated 2013 average net daily production -- Net daily liquids production for 2014 is projected to...

2014-01-29 08:23:37

According to EY's Oil & Gas Center's US quarterly outlook HOUSTON, Jan. 29, 2014 /PRNewswire/ -- The continuing surge in US oil and natural gas production - primarily from unconventional resources, such as shale gas and light, tight oil, made the US the oil and gas industry's largest source of growth. The US looks to be a net exporter of gas within the next 2-3 years, while net oil import dependency has been sharply reduced. (Logo:...

2014-01-27 16:21:30

DENVER, Jan. 27, 2014 /PRNewswire/ -- -- Net daily production recently surpassed 750 MMcfe/d including 15,000 Bbl/d of liquids Fourth quarter 2013 average net daily production is estimated to be 675 to 680 MMcfe/d, above the midpoint of previously announced guidance range -- First 10 Marcellus Shale wells with shorter stage lengths (SSL) had an average 120-day wellhead production rate of 7.9 MMcf/d, 27% above the Company's type curve --...