China developing strategy for horizontal fracturing technology

07/01/2013
Zhao Jinzhou Yang Hai Li Yongming Southwest Petroleum University Chengdu City, China Although China's need for both crude oil and natural resources has increased dramatically during the last decade, its productivity lags behind. In 2005, China's production was only 3.1 tonnes/day (tpd)/well (22.32 b/d), which is a third of the world average. During 2012, China's oil and gas consumption reached 0.492 billion tonnes and 144.6 billion cu m, respectively. The 2012 production, however, was 0.207 billion tonnes of oil and 106.71 billion cu m of natural gas. China must rely on imports for nearly 57.8% of the oil and 28.2% for the gas needed.1 2 In 2013, China will need 0.61 billion tonnes o...
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