Oil Sands & Gas Shale UPDATE
September 2011
TABLE OF CONTENTS
INDUSTRY ANALYSIS
OVERVIEW
Carnegie Mellon Study that Marcellus Gas is Better than Coal Refutes Cornell Study
AMERICAS
U.S.
Eleven Projects Win $12.4 Mln in DOE Oil and Gas Research Grants
Weir Group Raises Profits Expectations on Boom in Demand for “Fracking” Equipment
CB&I to be EPC Contractor for First Phase of Dominion’s W VA Gas Plant in Marcellus and Utica Shale Regions
Proposed North Dakota Refinery Gets Key Permit from EPA
NuStar, EOG Resources to Build Rail Offloading Facility in LA
Enbridge Makes Plans to Expand Oil Sands Processing to Gulf Coast Refineries
Range Resources Challenges PA Township Drilling Ordinance
TexCom to Offer Class II Nonhazardous Waste Disposal to E&P Companies in the Eagle Ford Shale
U.S. State Department Gives Nod to Controversial $7 Bln TransCanada Keystone XL Pipeline
Epsilon Energy Signs Marcellus Gathering Agreement with Chesapeake, Statoil
Scheduled Public EPA Hearings on Oil, Gas Emissions Rules in September
Cabot Resumes Drilling at Gas Well Site as Methane Investigation Continues
CANADA
WorleyParsons to Build Piperack Modules for Christina Lake SAGD Project
Grizzly Oil Sands Awards $4 Mln Plus Order Involving SAGD to Rockwell Automation
Opsens Receives Order for its OPP-W Fiber Optic Pressure Sensors to Instrument 21 Wells in Alberta Oil Sands SAGD Project
Devon Energy Awards Veolia Water with Contract to Deliver Induced Gas Flotation Unit for Bitumen (SAGD) Secondary Oil Recovery for Jackfish 3 Project
Statoil to Plead Guilty to Alberta Oilsands Environmental Charges
Petrobank Energy Sets Up for Long Delayed Dawson Demo Project
Cenovus Energy Starts 3rd Christina Lake Oil Sands Phase
North American Energy Partners, Fluor Win $127 Mln Mine Train Relocation Project from Syncrude
MEXICO
Mexico Should Tap Huge Shale Gas Reserves Says Oil Industry Regulator
ARGENTINA
Exxon Subsidiary Gets Stake in Hunt for Shale Oil, Gas in Argentina
ASIA
CHINA
PetroChina Shuts Down Inner Mongolia Hohhot Refinery for $1.21 Bln Expansion
China Seeks Better Planning for Development of Shale Gas Resources
EUROPE
UKRAINE
Shell to Invest $800 Mln to Extract Shale Gas in Ukraine