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Follow on Google News | Tap into Asia’s Unconventional gas boom: 3rd Unconventional Gas Asia Summit 2012By the end of 2011, China has tested or fractured 22 shale oil or gas wells, of which 3 are shale oil wells, 2 are horizontal shale gas wells, and 17 are vertical shale gas wells.
By: SZ&W Group Facing the huge opportunity, China’s shale gas E&P will not be so easy. "China is rich in shale gas resources, which are suitable for scaled development," In order to address the challenges from unconventional gas development, China has made quite a lot preparation, including the 12th Five-Year Energy Plan for shale gas and CBM, the declaration that shale gas as the independent mineral, the first round bidding of shale gas blocks, the upcoming second round bidding, price mechanism pilot reform and so on. All of the preparation assuredly promotes more companies with an enthusiasm to explore unconventional gas, increasingly removing their trouble at home. By the end of 2011, China has tested or fractured 22 shale oil or gas wells, of which 3 are shale oil wells, 2 are horizontal shale gas wells, and 17 are vertical shale gas wells. Among these wells, 10 wells are drilled by Sinopec, 8 wells are drilled by China National Petroleum Co., and 4 wells are drilled by Yanchang Petroleum (Group) Co. Ltd. Shale oil well production rates are 0.5-4.6 cum/day, and the maximum shale gas well test production rate is 60,000 cu m/day. The preliminary exploitation and exploration show that Chinese shale oil and gas has bright prospects and will attract more and more companies home and abroad to involve in. 3rd Unconventional Gas Asia Summit 2012, which will be held on Nov.5-8, 2012, Beijing, China, is the international event focusing on Asia’s unconventional gas market including policy changing, technical innovation and the project updating. Hear the latest views and forecasts from key industry speakers from along the entire value chain, Featured Speakers: Randeep Grewal, Chairman & CEO, Greka Energy Frank David, Development Manager, New Changbei, Shell Chris Faulkner ,CEO, Breitling Oil and Gas Corporation, Prashant Modi, President& Chief Operating Officer, GEECL Sammy Hamzah, President & CEO, Ephindo Energy Robert Bearden, President & CEO, Sino Gas & Energy Peter Cockcroft, Chairman, Blue Energy Maoyuan Sun, Former Chairman, CUCBM Shengchu Huang, President, National Institute for Occupational Safety Usman Ahmed, Vice President & Chief Reservoir Engineer, Reservoir Themes & Solutions, Baker Hughes Larry Chorn, Global Director, Unconventional Resources, Halliburton Consulting and Project Management …… Highlights in 3rd Unconventional Gas Asia Summit 2012 30+ Shale gas & CBM expert speakers 14+ leading edge operator case studies 5+ Government officials’ strategic speeches Country updates from China, India, Indonesia, Australia, and USA… Specified topics covering the whole industry chain Multidimensional view of core technologies Post-conference workshop focusing hydraulic fracturing Site tour to Qinshui CBM project On behalf of the organizing committee, we would like to invite you and other senior executives to attend the 3rd Unconventional Gas Asia Summit. With your attendance in UGAS we believe it will bring up the profile of your firm in the unconventional gas industry and probably bring more potential business to your company. Organizing Committee of Unconventional Gas Asia Summit Tel: +86 21 5830 0710 Fax: +86 21 5831 1668 E-mail: info@szwgroup.com Website: http://www.szwgroup.com/ End
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