The Risk Management Tool Box Blog

Unconventional Oil

Graham Marshall - Thursday, April 26, 2012

Unconventional oil fields are those that have needed higher than industry-standard extraction technology and greater levels of investment to explore and produce.

At one time, sub-sea sources of oil from the continental shelves - the Gulf of Mexico, North-sea and Australian NW-Shelf were "unconventional".

Today, however, the two most common types of unconventional oil are found onshore in oil-bearing shale and the oil-sands.

Up until the mid-1990s, with simpler, cheaper and more readily available sources of oil available from the Middle-East and elsewhere, unconventional oil was overlooked.

But with higher prices for oil and a desire in the USA for energy security and a reduced reliance on Arab oil, domestic investment in unconventional oil has risen dramatically.

The result is that these new sources of oil are coming onstream in North Dakota, Ohio, Texas and elsewhere.

Whether by luck or good judgement, the Risk Management Toolbox has been at the forefront of safety implementation in unconventional oil development since our business began.

Our cornerstone customers in the Bakken (ND) and the Surat basin (Queensland) have kept us busy because they've come to know that our unconventional approach to HSE is proven!

We think we're fortunate to have been a leader in developing safe systems of work for the unconventional oil sector.

And we know we're lucky to work with unconventional businesses that see value beyond the conventional - whether it be conventional oil and gas, or conventional safety programs. 

We love working with unconventional leaders!  It's what makes us get up in the morning!

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