China’s shale gas output is expected to reach 200 million cubic meters this year, up from just 25 million cubic meters last year.
An official from the Ministry of Land and Resources spoke during the China international Shale Gas Summit held Sept. 10 in the southwestern city Chengdu.
China is a late comer to the shale gas game.
It started exploring and drilling shale gas wells in 2009.
According to data from the China Geological Survey, 129 shale gas wells were drilled between 2009 and 2012, among which 23 wells have a daily output exceeding 10,000 cubic meters and eight exceeding 100,000 cubic meters.
PetroChina, Sinopec and Shaanxi Yanchang Petroleum Group are dominant players in shale gas exploration and production.
PetroChina has completed 23 wells in two zones – Changning-Weiyuan block and Zhaotong block (Yunnan province).
Sinopec has undertaken shale gas exploration in Sichuan Basin, faulted basin in eastern China and transitional facies in southern China.
Yanchang Group drilled 24 wells in Inner Mongolia’s Eerduosi Basin.
China wants to reach an annual output of 6.5 billion cubic meters of shale gas by 2015.
That may be tough, energy experts say, given the technological and geological challenges. Kang Yili from Southwest Petroleum University said it would more likely take five to ten years or even longer for China to start commercial output of shale gas.
Source: China Energy News (中国能源报), China.com.cn (中国网)