Unconventional Reservoir

Unconventional (UNCON) Reservoir means do not meet the criteria for conventional production that produces from low permeability formations. There are three main types of UNCON reservoirs presently being developed; while a fourth class, gas hydrates, is also being investigated for potential production. The permeabilities and associated gas type for UNCON’s are: Tight Gas Sands (TGS); Coal Bed Methane (CBM); Shale Gas and Shale Oil.

Related Definitions in the Project: The Plant and Process Unit; Upstream Engineering

Example Article of the Unconventional:

Saudi Aramco Seeks Investors For $110 Billion Unconventional Gas Project (Source: Oil Price on 12 December 2022): Saudi Aramco is in early-stage talks with potential equity investors that would help fund a huge $110 billion unconventional gas field development in the Kingdom, sources with knowledge of the negotiations told Bloomberg on Monday. Aramco is seeking investors to back the field development of Jafurah, the largest non-associated gas field in Saudi Arabia, as the world’s top crude oil exporter looks to develop its gas assets to reduce dependence on oil for power generation and free up more crude for exports. Saudi oil giant Aramco has therefore contacted private equity firms and infrastructure funds that could invest in the midstream and downstream projects associated with the huge gas field, Bloomberg’s sources said. ...

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