Annual Unconventional Hydrocarbons Summit 2012

Why the Event

China holds up to 30 trillion cubic meters of shale gas resources. China’s goal is to realize that 12% of natural gas production comes from shale gas wells by 2020. In this case, China will have to learn how to well test and explore shale gas and thus realizing ideal production. In 2009, China began its first venture into developing shale gas with the help of Royal Dutch Shell. In September 2010, China Petroleum Corp, better known as Sinopec, signed a deal with Chevron to develop shale gas targets near Guiyang City. Sinopec is hoping to increase production from unconventional sources like shale gas and coalbed methane to approximately 2.5 billion cubic meters within the next five years. In the middle of October 2010, CNOOC announced a deal with Chesapeake Energy purchasing one-third of their shale assets in the prospective Eagle Ford shale play, located in South Texas.

With this in mind and based on the success of 2010 & 2011 Unconventional Hydrocarbons Summit, 3rd Annual Unconventional Hydrocarbons Summit will serve as a much higher-level platform by illustrating business outlook and focusing on more in-depth technical solutions facing China’s CBM and shale gas industry.

Therefore, we wish 3rd Annual Unconventional Hydrocarbons Summit will be a splendid stage for you to learn the latest market trends and share experience with those decision makers from IOCs, NOCs, consultancy, equipment & technology suppliers and many more.