Gulfoilandgas.com Unconventional Resources News

Westbridge Renewable Provides Corporate Update

Mon, 08 Jul 2024 00:00:00 GMT

Westbridge Renewable Energy Corporation (TSXV: WEB), (OTCQX: WEGYF), (FRA: PUQ) ("Westbridge", "Westbridge Renewable" or the "Company") is pleased to provide its shareholders with a corporate update.<...

The National Key Laboratory of Shale Oil and Gas Enrichment Mechanism Awarded

Fri, 05 Jul 2024 00:00:00 GMT

Recently, the awarding ceremony of the National Key Laboratory of Shale Oil and Gas Enrichment Mechanism and Efficient Development was held in Shengli Oilfield. The laboratory was led by the Institute...

Dagang Oilfield Built Two Continental Shale Oil Development Test Platforms

Tue, 25 Jun 2024 00:00:00 GMT

Following the completion of the No. 5 benefit development test platform for Cangdong shale oil in 2023, Dagang Oilfield built the No. 6 benefit development test platform for Qikou shale oil at the beg...

Changqing Oilfield Shale Oil Realizes Scale-Efficient Development

Tue, 25 Jun 2024 00:00:00 GMT

The shale oil reservoirs in Changqing Oilfield are characterized by thin single sand bodies, strong heterogeneity, and insufficient natural energy. The oil reservoirs are like sesame seeds scattered i...

Acquisition of unconventional gas asset in Texas, U.S.A.

Mon, 24 Jun 2024 00:00:00 GMT

Mitsui & Co., Ltd. ("Mitsui", Head Office: Tokyo, President and CEO: Kenichi Hori) through its U.S. based subsidiary Mitsui E&P USA LLC ("MEPUSA") has completed the acquisition of an unconventional ga...

S&P Global Insights Raises 10-year Production Outlook for Canadian Oil Sands

Thu, 09 May 2024 00:00:00 GMT

S&P Global Commodity Insights has raised its 10-year oil sands production outlook for the second consecutive year. The updated forecast expects Canadian oil sands production to reach 3.8 million barre...

Gas Desorption Testing Exceeds Expectations

Mon, 15 Apr 2024 00:00:00 GMT

Highlights:
• Excellent initial desorption testing results – 2.0 scc/gram at day 61:
o Ongoing gas desorption testing to continue for a further 2 months until rates plateau.
• Recertif...

Greenfire to Participate and Present at the BMO Capital Markets & CAPP Energy Symposium

Mon, 08 Apr 2024 00:00:00 GMT

Greenfire Resources Ltd. ("Greenfire" or the "Company"), a Calgary-based energy company focused on the sustainable production and development of thermal energy resources from the Athabasca region of A...

OGDCL Announces Discovery of Tight Gas at Nur West # 01

Mon, 08 Apr 2024 00:00:00 GMT

Oil & Gas Development Company Limited (OGDCL) as Operator (100%) of Nur Development & Production Lease (D&PL) has discovered gas at its exploratory Well Nur West # 01, located in district Sujawal, Sin...

Botala Increases Ownership in Serowe CBM Project to 100% and with Pure Hydrogen

Thu, 04 Apr 2024 00:00:00 GMT

Highlights:
• Strategic acquisition of remaining 30% interest in Sharpay, the owner of the Serowe CBM Project (“Project”) from Pure Hydrogen (“ASX:PH2”), making Botala the sole owner.
o Cons...

Sale of 30% interest in Botswana Serowe CBM project

Thu, 04 Apr 2024 00:00:00 GMT

- Pure Hydrogen has entered into a binding agreement to sell its 30% interest in the Serowe CBM project in Botswana to the project’s operator and 70% owner, Botala Energy Ltd (ASX: BTE)
- Botal...

SilverBow Resources Highlights Successful Implementation of Strategy

Thu, 28 Mar 2024 00:00:00 GMT

SilverBow Resources, Inc. (NYSE: SBOW) (“SilverBow”) filed its preliminary proxy statement with the U.S. Securities and Exchange Commission in connection with the Company’s 2024 annual meeting of shar...

Fort McKay First Nation & Suncor Energy to Partner on Prospective Oil Sands Opportunity

Thu, 07 Mar 2024 00:00:00 GMT

Fort McKay First Nation (FMFN) and Suncor announced the signing of a Memorandum of Understanding (MOU) on a prospective oil sands lease development opportunity on Fort McKay reserve lands in the Regio...

Aramco Adds Volumes to Proven Gas and Condensate Reserves at Jafurah Field

Tue, 27 Feb 2024 00:00:00 GMT

Aramco, one of the world’s leading integrated energy and chemicals companies, has added significant volumes to the proven gas and condensate reserves at the Jafurah unconventional field in the Kingdom...

Jade Gas Provides December 2023 Quarterly Report & Appendix 5B

Wed, 31 Jan 2024 00:00:00 GMT

? Jade completed its 2023 Program with success across wide areas of the TTCBM Project
? Significant results during the quarter continued to highlight the massive potential for commercial scale ...

ChampionX Introduces ESP Control System for Unconventional Wells

Tue, 30 Jan 2024 00:00:00 GMT

ChampionX Corporation, a global leader in oilfield technology and services, has introduced the SMARTEN™ XE ESP control system. The technology is designed to handle the challenging downhole conditions ...

Environmental Approval for Commercial Development of Serowe CBM Project

Tue, 23 Jan 2024 00:00:00 GMT

Highlights:
• Environmental approval granted for development of the Serowe CBM gas project, Project Naledi.
• Critical component of Mining Licence - application in progress.
• Operati...

Sinopec Discovers China's First Ultra-Deep Shale Gas Field

Fri, 19 Jan 2024 00:00:00 GMT

Sinopec made another breakthrough in its “Project Deep Earth” by announcing the discovery of Hexingchang gas field in Sichuan, China. The proven geological reserves amount to 133.012 BCM as validate...

Prospera Energy Exceeds 2023 Year-End Target with 2,200 Boepd

Fri, 05 Jan 2024 00:00:00 GMT

2023 was a highly successful year for the restructured Prospera Energy Inc. PEI drilled, completed and tied-in nine horizontal wells in heavy oil reservoir with initial production rates exceeding expe...

Zhejiang Oilfield Southwest Gas Production Plant to Help Coalbed Methane Development

Tue, 26 Dec 2023 00:00:00 GMT

The Southwest Gas Production Plant of Zhejiang Oilfield has produced a total of 117 million cubic meters of coalbed methane this year through refined management and optimized coalbed methane drainage ...