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  • Categories:Industry News
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  • Time of issue:2011-12-16 15:27
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(Summary description)Zhang Dawei, deputy director of the Oil and Gas Resources Strategic Research Center of the Ministry of Land and Resources, recently revealed at the "2011 Second Unconventional Natural Gas Asia Summit" that it is planned to start the second round of domestic shale gas exploration right tendering in mid-month.

Not subject to franchise restrictions

(Summary description)Zhang Dawei, deputy director of the Oil and Gas Resources Strategic Research Center of the Ministry of Land and Resources, recently revealed at the "2011 Second Unconventional Natural Gas Asia Summit" that it is planned to start the second round of domestic shale gas exploration right tendering in mid-month.

  • Categories:Industry News
  • Author:
  • Origin:
  • Time of issue:2011-12-16 15:27
  • Views:
Information
Zhang Dawei, deputy director of the Oil and Gas Resources Strategic Research Center of the Ministry of Land and Resources, revealed at the "2011 Second Asian Convention on Unconventional Natural Gas" that it is planned to start the second round of bidding for shale gas exploration rights in China in the middle of this month.
 
Unlike the monopolistic operation of conventional oil and gas resources, the Ministry of Land and Resources has innovated the management system of shale gas mining rights, and operates shale gas mining in accordance with market-oriented rules. Although domestic shale gas has not yet started large-scale commercial development, state-owned enterprises, private enterprises, and foreign companies have all been watching. The feast of the shale gas cake is imminent, and it is precisely because of the huge market of shale gas and China ’s huge shale gas reserves Attracted the attention of all the princes.
 
Private capital is activated
 
The shale gas with huge reserves in China is becoming the target of many companies.
 
After the first tender in May this year, Zhang Dawei, deputy director of the Oil and Gas Center of the Ministry of Land and Resources, revealed that in the middle of this month, it is planned to start the second round of domestic shale gas exploration right tendering.
 
It is reported that the number of bidding blocks and participating companies may increase significantly from the first time, and the second round of bidding plans will be expanded to 15-20.
 
Different from the monopoly operation of conventional oil and gas resources, the Ministry of Land and Resources has innovated the management system of shale gas mining rights. On September 26 this year, the Ministry of Land and Resources has reported shale gas as an independent mineral to the State Council and is awaiting approval. The application for shale gas as an independent mineral is intended to break the monopoly and accelerate the development process. According to the law, China's oil and gas franchise belongs to the three major state-owned oil companies and Shaanxi Yanchang Company.
 
After setting shale gas as an independent mineral, its exploration and development will no longer be restricted by China's oil and gas franchise. Activated private capital, which is more conducive to the rapid development of shale gas mining.
 
According to Zhang Ye, chairman of the board of directors of Sichuan Honghua Group, a manufacturer of the oil drilling equipment industry, "The company's drilling rigs have been widely used in the development of shale gas in North America. With the rapid development of domestic shale gas development, Honghua is actively engaged in technology Prepare, once the partner Sichuan Energy Investment Group has obtained the shale gas development block, Honghua can start the development of shale gas. "In order to be able to enter the shale gas exploration, Honghua Group invested with local state-owned Sichuan Energy Investment The group jointly established a shale gas development company.
 
International energy giants Shell, B P, and ConocoPhillips are also involved in shale gas development in China.
 
It is the huge market of clean energy that has attracted the attention of various capitals. In recent years, China ’s natural gas consumption and external dependence have shown a year-on-year growth trend. It is expected that by 2015, China ’s natural gas gap will reach more than 120 billion cubic meters. It can only rely on a large number of imports, especially its dependence on Russia, Central Asia and other places. Too high, from the perspective of energy security and geopolitics, the current natural gas structure also needs to be adjusted. Vigorously developing shale gas will help alleviate the shortage of natural gas in China.
 
Expected to change energy consumption structure
 
Shale gas can replace both oil and coal, and has huge reserves in China. Data released by the Oil and Gas Center of the Ministry of Land and Resources show that the estimated shale gas resources amount to 31 trillion cubic meters.
 
According to IE A (International Energy Agency) estimates, China's recoverable shale gas resources are about 36 trillion cubic meters, which is equivalent to that of the United States. It is expected to replicate the "shale gas myth" of the United States from a natural gas importer to an exporter. Will change China's energy consumption structure.
 
Shale gas exploration in China is accelerating. Sun Maoyuan, member of the Expert Advisory Committee of the National Energy Commission, said that the shale gas “Twelfth Five-Year Plan” has taken shape and is expected to be released in the near future. In terms of overall development goals, the plan proposes that the national shale gas resource potential survey and evaluation will be basically completed by 2015. The proven shale gas geological reserves are 1 trillion cubic meters, the recoverable reserves are 200 billion cubic meters, and the annual output reaches 6.5 billion. cubic meter. At the same time, a series of national shale gas technical standards and specifications will also be introduced. At the same time, during the "Twelfth Five-Year Plan" period, China will make breakthroughs in both the investigation and evaluation of shale gas resource potential and the layout of shale gas exploration and development.

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