#Shell discovers #Shale in China

A PetroChina official announced that the drilling of two wells done by Shell in China shows positive results for Shale, as reported in the Huffington Post.

"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.

China currently has no commercial shale gas production and some critics doubt that the explosion of shale gas in the U.S can be replicated in China, due to its geology, the lack of water availability or land access. To read the rest of this article, click here.

Shale gas has also been identified in Australia and the industry is expected to follow in the foot steps of the American Shale revolution, just as the CSG industry has. Shell, along with all the other major shale industry players in Australia will be gathered at Shale World Australia in Brisbane in July. If you provide solutions to the Shale industry and want to get in front of all the major players, get in touch with camilla.kamsvaag@terrapinn.com or download a partnership prospectus.