Opportunities and Challenges In Emerging North American Shales

Take a tour of the new shales that will attract attention this year and next: from South Texas' Pearsall/Eagle Ford to Western Canadian Shale, the unconventional opportunities are terrific.

Moderated by Leslie Haines, Editor-in-Chief, Oil and Gas Investor.

South Texas' Eagle Ford shale play has a low entry cost, shallow-well opportunities, high-Btu gas and existing pipeline infrastructure, says Robert Clark, lead analyst, Lower 48, for Wood Mackenzie. But it lacks adequate indigenous water for frac jobs.

The Chattanooga-Huron shale trend in Tennessee, Kentucky and Ohio has sedimentary rock comparable to other shales and twice the organic content, says Randall Albert, senior vice president, emerging business units, for CNX Gas Corp. "We've drilled some good wells (there), and we've drilled some dogs, but the economics are workable."

The Utica shale play is "larger than the Marcellus fairway," says Dan Billman, president, Billman Geologic Consultants Inc. It is neither Mississippian nor Devonian rock; it is Ordovician. "...More work needs to be done."

Canada has more than 1,000 Tcf of hydrocarbons in shale plays, says Mike Dawson, president, Canadian Society for Unconventional Gas.

Featuring:

• Early Results from the Chattanooga Shale
  Randall M. Albert, SVP-Emerging Business Units, CNX Gas Corporation
• Initial Expectations from New York & Quebec's Utica Shale
  Dan Billman, Billman Geologic Consultants, Inc. in coordination with NY State Energy Research and Development Authority
• B.C.'s Horn River Basin Muskwa: Western Canadian Shale
  Mike Dawson, President, Canadian Society for Unconventional Gas
• Well Indications from South Texas Shale
  Robert Clarke, Lead Analyst US Lower 48, Wood Mackenzie

Total Length: 01:16:27

Included: Videos, Slides, Conference and Synopses