Unconventional hydrocarbon resources in China and the prospect of exploration and development

Based on analysis of the characteristics of unconventional hydrocarbon resources, this paper assesses the potential for unconventional hydrocarbons in China, summarizes the key technical progress in exploration and development, and discusses the prospects and developing strategies of unconventional hydrocarbons. The resources of unconventional oil and gas in China are abundant. The recoverable tight gas ranges from 8.8×1012 m3 to 12.1×1012 m3, the recoverable shale gas is from 15×1012 m3 to 25×1012 m3, the recoverable coalbed methane 10.9×1012 m3, the recoverable tight oil from 13×108 t to 14×108 t, and the recoverable shale oil 160×108 t. There is also some resource potential for oil sand. Such key techniques…

• CP
  China Petrochemical Corporation