Oil Sands & Gas Shale UPDATE

October 2011

TABLE OF CONTENTS

 

INDUSTRY ANALYSIS

AMERICAS

NORTH AMERICA

NGL Energy Partners to Expand Terminal Network with SemStream Deal

U.S.

Mariner West Open Season Successful for Sunoco Logistics

NuStar, Valero Plan South Texas Pipeline Projects to Three Rivers and Corpus Christie Refineries

Vaalco Energy Finalizes $5 Mln Bakken Farm-in Deal with Magellan Petroleum

Pennsylvania Court Ruling Casts Shale Gas Leases in Doubt

Exxon Mobil Acquires Drilling Leases in Ohio Utica Shale Area

Enbridge Revises Upward to $700 Mln Cleanup Cost of Michigan Oil Spill

Enbridge Suffers First Operating Loss in Five Years after 2010 Spills

Osum Selects Veolia Produced SAGD Water Treatment for Alberta Taiga Project at Cold Lake

Alberta Wants more Pipelines in Addition to Keystone XL

GE SAGD Technology to Help Algar Lake Project Recycle up to 97 Percent of Produced Water

Ridgeline Energy Services to Install MDL at Manitoba Hydraulic Fracturing Well Site

Oil Sands Operators Turning to Electricity to Heat and Thin Bitumen Reserves

Grizzly Oil Sands Awards $4 Mln Algar Lake Order to Rockwell Automation

Ceramic Sand Mix Boosts Bakken Hydraulic Fracturing Expenses

GAIL India Acquires Stake in Carrizo's Eagle Ford Shale Gas Assets for $95 Mln

Bullish Projections Released on Impact of Utica Shale

Shell Oil Cracker Plant Eyed by Ohio for Utica Shale

Anadarko Obtains Drilling Permits For Well In Utica Shale

Enterprise, Enbridge, Anadarko Plan 580 Mile Texas NGL Pipeline

U.S. / ROMANIA / RUSSIA

Russia’s TMK May Spend $3 Bln on Pipe Production in U.S., Romania and Russia

CANADA

Suncor Awards Jacobs Firebag Contract for Fort McMurray Stage Three In-situ Oil Sands Project

Mariner West Open Season Successful for Sunoco Logistics

NuStar, Valero Plan South Texas Pipeline Projects to Three Rivers and Corpus Christie Refineries

Vaalco Energy Finalizes $5 Mln Bakken Farm-in Deal with Magellan Petroleum

Saipem to Build Secondary Horizon Oil Sands Upgrader

Babcock & Wilcox Canada to Supply Four Modular Boilers for Kearl Project

India’s Reliance Eyeing Canadian Shale Gas Assets

CANADA / U.S.

Feds Casting Doubts over Accident Risks on Keystone XL Pipeline Expansion

ASIA

CHINA

PetroChina to Commence Commercial Shale Production By 2015

EUROPE

POLAND

Poland’s Baltic Shale Gas Evaluation Moving Ahead

Polish Shale Gas could be Commercialized Starting in 2014

Poland's Shale Gas Becomes a Dilemma for Europe

ExxonMobil to Start Second Shale Gas Test Well in Poland

UKRAINE

Ukraine May Sign $1Bln in Shale Gas Contracts with Western Firms