Oil Development In China Research Articles

Scenario analysis to evaluate the economic benefits of tight oil resource development in China

Evaluating the economic benefits of tight oil resources is necessary for China to increase its tight oil production and reserves. This study systematically analyzes the uncertainties in tight oil development in China, the factors affecting the tight oil economy, and the coevolution of the economic development of tight oil resources from the technology and market perspectives. The results indicate that a positive market environment and technological progress are important for realizing the economic development of tight oil. Four potential scenarios for the development of tight oil resources in China are also identified (i.e., the current scenario, limited scenario, efficient development scenario, and inefficient development scenario), each associated with different internal rates of return (8 %, 14 %, 20 %, and 6 %, respectively).

Evaluation technology and practice of continental shale oil development in China

This paper analyzes the differences in geological and development characteristics between continental shale oil in China and marine shale oil in North America, reviews the evaluation methods and technological progress of the continental shale oil development in China, and points out the existing problems and development directions of the continental shale oil development. The research progress of development evaluation technologies such as favorable lithofacies identification, reservoir characterization, mobility evaluation, fracability evaluation, productivity evaluation and geological-mathematical modeling integration are introduced. The efficient exploration and development of continental shale oil in China are faced with many problems, such as weak basic theoretical research, imperfect exploration and development technology system, big gap in engineering technology between China and other countries, and high development cost. Three key research issues must be studied in the future: (1) forming differentiated development technologies of continental shale oil through geological and engineering integrated research; (2) strengthening the application of big data and artificial intelligence to improve the accuracy of development evaluation; (3) tackling enhanced shale oil recovery technology and research effective development method, so as to improve the development effect and benefit.

Environmental impacts from conventional and shale gas and oil development in China considering regional differences and well depth

China has stepped up its oil and gas development including unconventional resources as foreign dependence for oil and gas increased. Environmental impacts from the development phase has also caused widespread concern. To better understand environment impacts from current oil and gas development in China, a hybrid life cycle analysis (H-LCA) model was used to estimate the impact of six fields at the development stage based on data from 2017. The full environmental impact and full impact intensity (i.e., full environmental impact per unit of output by calorific value) of shale gas, conventional natural gas and oil development in China was compared and analyzed by eliminating well depth. Shale gas has 12.5% more environmental impact than conventional natural gas. Environmental impact of natural gas development is roughly 1.5 to 2 times that of conventional oil. Development of gas in Sichuan Basin have the greatest environmental impact, following southeast coast, Song Liao Basin, and Junggar Basin. However, the full impact intensity of shale gas development is more than five times that of conventional natural gas, but natural gas is still greener than conventional oil. The greatest full impact intensity is found in Junggar Basin, following Song Liao Basin and southeastern coast. From the comparison of full environmental impact and full impact intensity under per well depth, it's found that both of these are not positively correlated with reservoir depth and well depth even in the same basin. More attention should be paid to driving effects of specific reservoir developments and geological conditions.

石油地质勘探及储层评价方法探讨

With the development of economy, the scale of oil development in China is expanding, and the amount of oil exploitation has leapt to the forefront of the world. Based on the development status of petroleum geological exploration in China, this paper introduces the contents of geological exploration and further discusses the reservoir methods, hoping that the proposed contents can provide reference for the exploration of petroleum resources and reservoir evaluation in China.

Integrated hydraulic fracturing techniques to enhance oil recovery from tight rocks

Two main challenges exist in enhancing oil recovery rate from tight oil reservoirs, namely how to create an effective complicated fracture network and how to enhance the imbibition effect of fracturing fluid. In response to the challenges, through modeling experiment in laboratory and evaluation of field application results, a set of integrated efficient fracturing and enhanced oil recovery (EOR) techniques suitable for tight oil development in China has been proposed. (1) Fracturing with temporary plugging agents to realize stimulation in multiple clusters, to form dense fracture network, and thus maximizing the drainage area; (2) Supporting induced fractures with micro-sized proppants during the prepad fluid fracture-making stage, to generate dense fracture network with high conductivity; (3) Using the liquid nanofluid as a fracturing fluid additive to increase oil-water displacement ratio and take advantage of the massive injected fracturing fluid and maximize the oil production after hydraulic fracturing.

Oil development in China: Current status and future trends

The future of oil has become an important topic of the discussion of energy policy in China. This paper attempts to present a full picture of the current status and future trends of China’s oil development through system analysis. First, we map a Sankey diagram of China’s oil flow to reveal the physical pattern of China’s oil supply and consumption. Then, we present the historical and ongoing trends of China’s oil flow from key aspects such as oil demand, oil resource availability, technology improvement, and policy adjustment. Based on these understandings, we design three scenarios of China’s oil demand in 2030, and analyze policy implications for oil saving, automotive energy development, and energy security. From the analysis, we draw some conclusions for policy decisions, such as to control the total oil consumption to avoid energy security risks, to enhance oil saving in all sectors with road transportation as the emphasis, and to increase the investment on oil production and refining to secure oil supply and reduce emissions.

Strategic thinking on oil development in China

It is expected that crude oil production in China will maintain its current level until 2020. Driven by higher living standards and the rapid development of energy intensive industries, China's oil demand will increase rapidly and might lead to heavier import dependency. Three cases of demand forecasts are presented, but for the sake of sustainable economic and social development, neither the high nor the middle case is favourable for China. Thus, China must seek a path of oil saving economic development, and limit oil consumption to no more than 350MT in 2010 and 450MT in 2020. Meanwhile, in order to secure the oil supply, the following strategies should be adopted: save oil and develop alternative energies; stabilise domestic oil production and to diversify oil imports and overseas oil exploration and development; accelerate the gas industry and introduce strategic petroleum reserves.