Development Prospect of Unconventional Oil and Gas Resources

Abstract:

Affected by the constant development of global economy and the imbalance in distribution of conventional oil and gas, oil and gas resources can no longer meet the demand in many countries. Development of unconventional oil and gas has begun to take shape. Shale gas and tight oil become the focus of global attention. Unconventional oil and gas resources are relatively abundant in China. Preliminary results have been achieved in the development of shale gas. Tight oil has been developed in small scale, and the main technologies are maturing gradually. Yet we face many challenges. Low in work degree, resources remain uncertain. Environmental capacity is limited, and large scale batch jobs will confront with difficulties.

• Periodical: Applied Mechanics and Materials (Volume 421)
• Pages: 917-921
• DOI: https://doi.org/10.4028/www.scientific.net/AMM.421.917
• Online since: September 2013
• Authors: De Xun Liu, Shu Heng Tang, Hong Yan Wang, Qun Zhao
• Keywords: Coalbed Methane (CBM), Resources Potential, Shale Gas, Tight Gas, Unconventional Gas, Unconventional Oil

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