Monday, July 29, 2013

Shale gas development is difficult


The end of 2011, shale gas was identified as an independent after minerals, shale gas development in the country has witnessed a lively scene on. In  shale gas  "second five" plan, by 2015, China's shale gas production capacity will reach 6.5 billion cubic meters / year by 2020 output reached 60 billion ~ 100 billion cubic meters.
At the same time, shale gas stocks also showed mania state, the stock doubled up day after day.
August 24, held in Nanchang National shale gas resource potential evaluation meeting, the Ministry of Land and gas central leadership told the experts, being wary of the media, even in an interview, it can not be the name of the center, "Now is the sensitive period , we have a talk, there is a great stock market volatility, so be careful. "
Oil Center Director Zhao Xianliang pointed at the Symposium on "shale gas resources in our country some of the key indicators are still difficult to accurately obtain, for the characteristics of China's exploration and development technology has yet to be overcome, shale gas development there are more uncertainties must be sound calm, orderly. "
Evaluation report shows that more than 60 have been drilled in shale gas wells, in addition to the Sichuan Basin, the still not a show out of gas shale gas wells with commercial development prospects.
Insiders expect, 85 percent of America's future generation resources from natural gas, and as  Unconventional gas  resources will be the future of shale gas main. Natural gas is also a key development areas of China's future, but conventional gas resources are oil and gas companies in the oil and other traditional monopoly.

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