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This is an article by CMS Cameron McKenna regarding the current state of shale gas development in the UK. It contains much useful information about organisations and regulatory bodies currently involved. NOTE: Also contains CMS opinion and predictions, these are not opinions of the EI and should not...
- Availability: Online
- Record type: Policy milestone
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Cluff Natural Resources has entered into a memorandum of understanding with Halliburton Manufacturing and Services with a view to collaborating on the development of CLNR’s underground coal gasification (UCG) and southern North Sea gas assets in the UK.
- Availability: Online
- Record type: News Item
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ConocoPhillips has completed its transaction to sell its Barnett shale assets in the US to Lime Rock Resources for approximately $230mn.Production associated with the Barnett assets for 1H2018 averaged 9,000 boe/d, of which approximately 55% was natural gas and 45% natural gas liquids (NGLs).
- Availability: Online
- Record type: News Item
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New York Governor Andrew Cuomo has decided to ban hydraulic fracturing (fracking) in the state. Industry experts suggest the decision will hurt economically depressed areas of the state, according to Rigzone.
- Availability: Online
- Record type: News Item
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Canada’s Encana is to acquire US company Newfield Exploration in a deal valued at $7.7bn that will create North America’s second largest producer of unconventional resources with pro-forma 3Q2018 production of 577,000 boe/d, including liquids production of around 300,000 b/d. Subject to receipt...
- Availability: Online
- Record type: News Item
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- Availability: In the library
- Record type: Periodical
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Murphy Oil has sold its Malaysian subsidiaries Murphy Sabah Oil and Murphy Sarawak Oil to Thailand's national oil company PTTEP for $2.127bn. The all-cash deal is subject to an additional $100mn contingent payment based on certain exploration drilling results up to October 2020.Year-end 2018 proved ...
- Availability: Online
- Record type: News Item
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Riverstone, one of Cuadrilla’s private equity backers, has sold its 45% holding in the company to AJ Lucas, an Australian-listed company that already owns 48% of Cuadrilla, for a nominal sum.Commenting on the sale, Cuadrilla stated: ‘The streamlined ownership will simplify decision making and alignm...
- Availability: Online
- Record type: News Item
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BP has completed the $10.5bn acquisition of BHP’s US unconventional assets in a deal that will significantly upgrade BP’s US onshore oil and gas portfolio and help drive long-term growth.The acquisition – which was announced in July 2018 – adds oil and gas production of 190,000 boe/d and 4.6bn boe o...
- Availability: Online
- Record type: News Item
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Following the recent UK government moratorium on hydraulic fracturing (fracking), two UK-based companies – Global Exploration Services and Zorin Eco Technologies – have formed a new consortium that has developed a new rig and operating methodology to safely recover gas from UK shale without fra...
- Availability: Online
- Record type: News Item