A new round of shale gas investment opportunities

As the domestic shale gas  exploration in the new round of grant tender shale gas industry-related investment opportunities and a new focus for investors. Shale gas is mined from shale in natural gas, is an important unconventional gas resources. Shale gas reservoirs generally showed low porosity and low permeability material characteristics, resistance to airflow than conventional natural gas big, so mining difficult.
Farther back, early 20th century, the United States began research on shale gas, and the oldest commercial exploitation were formed in the 1980s. Horizontal drilling and hydraulic fracturing of shale gas exploitation are two important technologies.Proppant Which can help to achieve greater horizontal drilling reservoir intervals area to increase production per well. The hydraulic fracturing technology can improve permeability shale itself, accelerate the pace of shale gas exploitation and production. U.S. breakthrough in technology began in 2000, with its new horizontal wells and fracturing technology improves the shale gas production. In recent years the U.S. shale gas was a huge leap, mined from 12.2 billion cubic meters in 2000 rose to 137.8 billion cubic meters in 2010, the proportion of total U.S. natural gas production has reached 23%.
U.S. shale gas exploration greatly encouraged by the success of other countries in the exploration and development of shale gas enthusiasm. China's shale gas reserves are also very rich, like the United States has a huge development potential. According to the evaluation results of the Ministry of Land, domestic land recoverable shale gas resource potential of 25 trillion cubic meters, higher than the U.S. shale gas resources of 14 trillion cubic meters.
As natural gas efficient, clean features, is actively promoting the domestic use of natural gas. China's current domestic natural gas consumption accounted for the proportion of primary energy consumption of 4%, much lower than in developed countries about 20% level. The "Twelfth Five-Year Plan" goal is to increase the proportion of natural gas consumption of 8%, so the future increase in domestic natural gas consumption will make the gas supply pressure is increasing. As of 2011, China's dependence on foreign natural gas has reached 22 percent, so promoting the development of shale gas on the national energy security is of great significance.
To speed up the progress of the development of shale gas, shale gas classify countries have become independent minerals,fracturing proppant avoiding only large state-owned mining monopoly. Shale gas resources open to multiple investors will help to enhance social capital investment enthusiasm of shale gas, thereby enhancing the domestic shale gas exploration and technological progress and promote shale gas development process. According to the plan, "Twelve Five" is mainly shale gas layout stage, the basic completion of the national shale gas resource potential investigation and evaluation, as "45" on the scale of production, lay the technical and institutional foundation.
The next few years, the domestic shale gas development will likely still in the evaluation and exploration stage, and exploration equipment, oil and gas services and other sub-sectors are expected to benefit first. Featured investors through various sub-leader in the industry, and thus participate in the development of shale gas has brought great opportunities.