unconventional | Egypt Oil & Gas

Iran Discovered Its First Shale Oil

Iran has discovered its first shale oil reserve containing over 2b barrels of light crude. The deposit is located in the western province of Lorestan.

Kenya Turns to Coal-to-Liquid Fuel

Kenya is considering to convert a portion of its coal deposits to oil as part of measures to cushion the economy from the volatile fuel import market.

North Dakota Sets Records for Oil, Gas Production

The US state of North Dakota recorded an average gas production rate of 1.6 mcf/d and an oil production rate of 1.21m b/d for the month of June,

Bapetco Investing in New Wells to the Tune of $380 million

Emad Hamdi, Chairman Badr al-Din Petroleum Company (Bapetco), said his company will invest $ 380m during 2015-2016 to add new wells.

Oil and Gas Reserves on the Rise, Bahrain Oil Minister

Bahrain had oil reserves of 632.5 million barrels at the end of last year, said a senior government official.

US Oil Production for 2014 at 100 Year High

U.S. crude oil production surged last year by the largest volume in more than 100 years. American producers pumped an additional 1.2 million barrels per day of crude oil and condensate in 2014 compared with the year ...

Aramco Extends Shale Gas Bid Deadlines

State energy firm Saudi Aramco has extended the deadline for companies to bid for work on its unconventional gas facilities in the north of the country, signalling it remains committed to developing shale gas deposit ...

North Dakota Oil Production Increases to Record Levels Despite Rig Count Drop

The number of barrels of oil produced per day in North Dakota set a record in December, but the tally of rigs in the oil patch has dropped precipitously since then, state regulators said Friday.

Natural Gas Waste Bill to be Introduced in North Dakota’s Senate

North Dakota's Senate is considering legislation that would drastically cut the time oil companies can burn off and waste natural gas from an oil well.

Southwestern Energy Acquires Interest in Statoil Unconventional Oil Asset

Statoil and Southwestern Energy Company have completed their previously announced transaction, whereby Statoil has reduced its average working interest in the non-operated US southern Marcellus onshore asset from 29% ...

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