China Unconventional Oil and Gas Industry Development Prospects and Investment Strategy Planning Report, 2013-2017

Unconventional oil and gas mainly includes coalbed methane, shale gas, tight gas, oil shale, oil sands, methane clathrate, and so on. At present, the production output of domestic conventional oil and gas fields reaches its peak time. In the future, it mainly focuses on keeping the steady production output. Unconventional oil and gas resource is a kind of important alternative resource for conventional resources, which can guarantee the diversified supply of domestic resources.

In 2011, the production output of China ground’s coalbed methane was 2.3 cubic meters, and the utilization amount was 1.8 billion cubic meters, with a year-on-year increase of 54.7% and 47.5% respectively. The development of coalbed methane has entered a steady and uprising stage while shale gas field has just started to be developed. Issued by the Ministry of Land and Natural Resources on March 2012, “Investigation and Assessment of China’s Domestic Shale Gas Resource Potential and Favorable Areas” shows, China’s geological resources potential of terrestria shale gas is 134.42 trillion cubic meters; its recoverable resource potential is 25.08 trillion cubic meters (excluding the Qinghai-Tibet area). If these resources are able to be explored and developed, and form a certain scale production capacity as well. They will play an important role in China natural gas supply in the future.

In 2011, the production output for the United States is 180 billion cubic meters, which accounts for 34% of the United States natural gas production output, changing US energy structure. The successful development of shale gas in US causing the world’s enthusiasm for exploring and developing shale gas. Issued by the National Energy Board on March 16, 2012, “Shale Gas Development Plan (2011-2015)”. The “Plan” clearly defines, during the “Twelfth Five-year” Plan period, the shale gas development strategy is mainly positioning on exploration and development, and the production output goal in 2015 should reach 6.5 billion cubic meters; during the “Thirteenth Five-year” Plan period, it’s anticipated to realize the large-scale exploitation, and the production output of shale gas in 2010 is expected to achieve more than 100 billion cubic meters. The exploration and development of China’s unconventional oil and gas is about to begin, thus the state-owned as well as private-owned energy enterprises usher in a new round of opportunities.

With Forward’s long-term tracking and collecting market data of unconventional oil and gas industry, we roundly and accurately analyze the industry structure system for you from the view of mastering the whole industry. This report mainly focuses on analyzing the energy background and policy environment of China unconventional oil and gas industry; the current development status and prospects of unconventional oil and gas industry; the exploration and development prospects of coalbed methane, shale gas, shale oil, methane clathrate, oil sands and extra heavy oil; the development enterprises’ operational and progress in unconventional oil and gas industry; as well as the investment risks and investment suggestions of unconventional oil and gas industry. Meanwhile, with comprehensive and specific first-hand market data over the past 5 years, Forward helps you to grasp the market and development trends of unconventional oil and gas industry, so as to win advantages from competition!

The most distinctive characteristics of this report is forward-looking and timeliness. Through analyzing forward-looking characteristic of abundant first-hand market data, we deeply and objectively dissect the development status of China current unconventional oil and gas industry. Furthermore, based on future development tracks and years’ practice experience of unconventional oil and gas industry, we conduct prudent analysis and forecast for unconventional oil and gas industry’s future development trend. This report helps unconventional oil and gas exploration enterprises, unconventional oil and gas development enterprises and R&D institutions to precisely grasp current latest developments of the industry. Afterwards, they can make wise operating decisions and define enterprises' development directions.

Here, we would like to express our sincere gratitude to State Information Center, Bureau of Statistics of China, International Information Research Institute, Chinese Academy of International Trade and Economic Cooperation, Tsinghua University Library, Development Research Center of the State Council and Beijing Essence Forward Research Center, for their great support when we conduct this report!

Notice: All the market data, especially corporations' ranking data in the report, only for business reference. Please do not take the data for enterprise publicity. Thank you! Or Forward shall not take any responsibility for any consequences!

Qianzhan Business Information Co., Ltd. Industry Research Center
Research Team of Unconventional Oil and Gas Industry