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Liard Basin tops best shale gas fields in North America The Houston, Texas-based, Apache Corporation (Apache) announced the shale gas Liard Basin in British Columbia (BC), Canada, to contain 48 trillion cf of marketable natural gas. In addition the tests performed by Apache through three wells have reported that the shale gas of the Liard Basin is among “the […]

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Definition Brownfield refers to project of expansion or revamping or services on an existing facility By opposition greenfield is the common word to describe a new project. Comments In that respect a brownfield investment covers also the situation where a company or government entity purchases or leases existing production facilities to launch a new production activity. This is one […]

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Carbon dioxide injection to boost Adma-Opco oil fields Abu Dhabi Marine Operating Company (Adma-Opco) is Abu Dhabi National Oil Company (ADNOC)‘s subsidiary to explore and produce oil and gas from the offshore areas of the Emirate of Abu Dhabi, UAE. If the Abu Dhabi Emirate is rich of oil reserves, it has always been short of gas. […]

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Gazprom to study underground gas storage in China  Last May, China and Russia had terminated lengthy negotiations on their natural gas trading prices to drive the constructions of multiple gas pipelines between the two countries. China had made its best efforts to increase its offer from $0.235 per cm to $0.250 while Russia was ready to accept $0.300 per cm instead of $0.350. But the […]

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