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Reply #47: Exclusive - Shell strikes shale gas in China [View All]

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xchrom Donating Member (1000+ posts) Send PM | Profile | Ignore Tue Dec-06-11 07:54 AM
Response to Reply #21
47. Exclusive - Shell strikes shale gas in China
http://uk.reuters.com/article/2011/12/06/uk-shell-china...

(Reuters) - Royal Dutch Shell Plc has found shale gas in China, a development that could cap imports in a market natural gas producers are hoping will drive demand.

An official with Shell's partner, PetroChina, a unit of the country's top energy group, state-owned CNPC, said drilling results from two wells Shell drilled had been positive.

"Shell has two vertical wells and they got very good primary production," Professor Yuzhang Liu, Vice president of Petrochina's Research Institute of Petroleum Exploration and Development (RIPED), said in an interview at the sidelines of the World Petroleum Congress (WPC) in Doha.

"It's good news for shale gas," Liu, who regularly represents PetroChina at industry events around the world, told Reuters late on Monday.
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