• Title/Summary/Keyword: Shale gas

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Development Trend and Prospect of Shale Gas (셰일가스 개발 현황 및 전망)

  • Lee, Young-Soo
    • Journal of the Korean Professional Engineers Association
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    • v.45 no.4
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    • pp.30-34
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    • 2012
  • Shale gas is one of the resources which require lots of new technologies for commercial production and has the most reserves among unconventional gas resources for commercial production at present. Especially, the growth of shale gas industry means the significant changes of paradigm and the development of shale gas is very different from conventional gas development in terms of geology, rock mechanics, petroleum engineering, development and production engineering. In this manner, shale gas may hold the key to expanding the long-term role of gas in the global energy mix.

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Geochemical Evaluation and Characterization of the Shale Gas Resources (셰일 가스 자원의 지화학적 평가 및 특성화)

  • Lee, Young-Joo
    • Economic and Environmental Geology
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    • v.46 no.4
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    • pp.359-373
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    • 2013
  • Shale is considered as a source rock for conventional oil and gas exploration and development because shale is fine-grained detrital sedimentary rock which can preserve the organic matter better. Shale has a good sealing capacity for the petroleum trap due to its low permeability. Commercial recoveries of gas from shale in the North America based on the development of technologies of horizontal drilling and hydraulic fracturing reveal that shale also function as a effective reservoir rock. Geochemical techniques to evaluate generation potential of the hydrocarbons from organic matter in the source rocks can be applied for the exploration of the shale gas resources. To evaluate shale gas resources, it is important to understand various geochemical processes and shale characteristics controlling generation, storage and estimation of shale gas reserves. In this paper, the generation mechanism of the oil and gas from organic matter is reviewed, and geochemical techniques which can be applied for the evaluation and characterization of shale gas are introduced.

Review on Research and Development of Shale Gas in China

  • Zhuang, Li;Kim, Kwang Yeom;Sun, Zhi-xue;Li, Yan-chao
    • The Journal of Engineering Geology
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    • v.25 no.3
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    • pp.323-329
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    • 2015
  • Shale gas reserves in China are large, although shale gas production is still in its infancy. This paper reviews Chinese national policies and guidelines related to shale gas development, in particular those related to recent progress in the development of shale gas reserves in Sichuan Province and Chongqing since February 2015. In addition, three large-scale R&D projects related to shale gas development, funded by the Government of China, are introduced, and the scope of the work in each project is described.

Investigation on Supporting Policies and Problems of Shale Gas Development in China (중국 셰일가스 개발 문제점과 지원정책 분석)

  • Lee, Chaeyoung;Yoon, Junil;Lee, Hong;Lee, Youngsoo;Shin, Changhoon
    • Journal of the Korean Institute of Gas
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    • v.19 no.2
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    • pp.54-65
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    • 2015
  • China holding the world largest shale resources, has been trying to develop their domestic shale gas fields mainly with its NOCs. Chinese shale industry looks likely to have high potential to grow in the future, considering the eager support of Chinese government and the rapid development of relevant technologies by NOCs. However, there are opposite opinions as well that Chinese shale gas could not play a positive short-term results because of the complexity of structural geology, inadequacy of water resources and related infrastructure. Recently, Korean companies began to be interseted in Chinese shale gas industry, because of the special relationships with Korean industries in terms of geographic proximity and better opportunities due to the early phase of shale gas business in China. In this study, it was tried to help those companies looking out of future Chinese shale gas industry that surveying current status and problems of Chinese shale gas industry and relevant industries and investigating some trials and policies driven by China government. As a result, the various and long-term problems in Chinese shale development were reviewed and the active supports and polices of Chinese government, NOC's trials for establishments of their independent technologies and the cooperation with foreign companies or M&As were also investigated.

The Role of Innovative Energy Public Firms' Channels according to Shale Gas for E-Convergence Economy.

  • Seo, Dae-Sung;Kim, Seung-Ryeol
    • Journal of Distribution Science
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    • v.14 no.5
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    • pp.17-26
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    • 2016
  • Purpose - The E-convergence economy is requested with the economic change of the diverse energy supplies, according to the exploits of Shale gas. By analyzing the electric energy supply and demand in accordance with the various cases, it has proved indirectly to create a convergence economy. Research design, data, and methodology - The research design would make realize its potential change with which government or companies have focused on the energy objection between Shale gas and Electric vehicles. Results - The paper suggests that Shale gas has expanded with the emphasis on the Electrical convergence economy or EVs. Due to these results, they also show why it should not be delayed in the development of shale gas and electric vehicles at the same time. Conclusions - All this is from the reason of opening the E-convergence economy over time. It is required that Korea should prepare E-convergence economy. Public regional energy should be present through the consistent selection of development for energy linking E-economy and E-trans distribution.

Influences and International Political Implications of the Shale gas Revolution (셰일가스 혁명의 파급영향과 국제정치적 함의 - 에너지 안보를 중심으로 -)

  • Suh, Dong-Joo
    • Strategy21
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    • s.34
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    • pp.26-57
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    • 2014
  • Revolution of Shale gas literally brings about great changes in many spheres. In the past most academic research had been focused on the influence and innovative change in term of economic perspective. But nowadays we should more concern about the security approach and perspective as its status of the future's core energy resources. Revolution of Shale gas has an great influence on the reshaping of global and regional alliance order. There are many international political implications as follows. Contribution of energy hegemony with leading U.S.; Acting as strategic leverage on the reshaping international order; Deepening competition among major states on the construction of energy security and so on. We'd better make a good solution and systematic policies which are preparing for the Shale gas's revolution period including on the understanding about the change on the global energy structure and making a national policy agenda of energy security issues and so on. The thesis like 'to get the energy resources is to get the hegemonic power in the world' will persist. The same holds good of Shale gas case. To meet the revolution of shale gas era, we have important tasks as like making an opportunity to develope not only regional but also international prosperity.

Influence of Shale Gas in US on Petrochemical Industry (미국의 셰일가스 개발과 석유화학 산업의 영향)

  • Hong, Yeon Ki
    • Journal of Institute of Convergence Technology
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    • v.6 no.1
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    • pp.31-35
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    • 2016
  • In this paper, the present status of shale gas development was briefly introduced and intended the growing importance and shale gas as a source of chemicals. The large amounts of shale are expected to be produced thereby, a wealth of methane and ethane will be provided as a raw material of ethylene. This manuscript also focus on the influence of potential volumes of shale gas on petrochemical industry, especially domestic one based on naphtha cracking because ethane cracking can offer cost effective ways to convert methane to higher value chemicals.

Global Trends of Shale Gas Development Information (셰일가스 개발정보의 글로벌 동향분석)

  • Koo, Young Duk;Kim, Young-In;Park, Kwan Soon
    • Economic and Environmental Geology
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    • v.47 no.2
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    • pp.193-204
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    • 2014
  • Shale gas has caused a change in the dynamics of gas market since development of horizontal drilling technic and hydraulic fracturing technic caused its commercial production. The commercial amount of shale gas is 187.5 trillions $m^3$ so human can use it for 59 years and the amount will increase in the future. Several nations such as USA, Canada, China and Russia have more and more interested in shale gas as a futuristic major energy source. In accordance with this trend in the world, the amount of studying theses for development of shale gas have increased so their theses became important increasingly. The number of searched theses (1986 ~ The first half of 2013) is 3,468 and has increased recently. Among 89 nations studying shale gas, USA has 637 theses as No.1 in the world. 1,813 global studying institutes have studied shale gas; in the analysis result of several studying institutes, US geological survey institute was ranked as No.1 for the quality level of shale gas study and intensity of global cooperation.

Hydraulic fracture initiation pressure of anisotropic shale gas reservoirs

  • Zhu, Haiyan;Guo, Jianchun;Zhao, Xing;Lu, Qianli;Luo, Bo;Feng, Yong-Cun
    • Geomechanics and Engineering
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    • v.7 no.4
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    • pp.403-430
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    • 2014
  • Shale gas formations exhibit strong mechanical and strength anisotropies. Thus, it is necessary to study the effect of anisotropy on the hydraulic fracture initiation pressure. The calculation model for the in-situ stress of the bedding formation is improved according to the effective stress theory. An analytical model of the stresses around wellbore in shale gas reservoirs, in consideration of stratum dip direction, dip angle, and in-situ stress azimuth, has been built. Besides, this work established a calculation model for the stress around the perforation holes. In combination with the tensile failure criterion, a prediction model for the hydraulic fracture initiation pressure in the shale gas reservoirs is put forward. The error between the prediction result and the measured value for the shale gas reservoir in the southern Sichuan Province is only 3.5%. Specifically, effects of factors including elasticity modulus, Poisson's ratio, in-situ stress ratio, tensile strength, perforation angle (the angle between perforation direction and the maximum principal stress) of anisotropic formations on hydraulic fracture initiation pressure have been investigated. The perforation angle has the largest effect on the fracture initiation pressure, followed by the in-situ stress ratio, ratio of tensile strength to pore pressure, and the anisotropy ratio of elasticity moduli as the last. The effect of the anisotropy ratio of the Poisson's ratio on the fracture initiation pressure can be ignored. This study provides a reference for the hydraulic fracturing design in shale gas wells.

Analysis on Survey, Exploration and Development Policy and Technology of China : Focused on Shale Gas Resources (셰일가스 자원을 중심으로 한 중국의 에너지·광물자원 조사·탐사·개발 기술 정책분석)

  • Lee, Jae-Wook;Kim, Seong-Yong;Ahn, Eun-Young;Park, Jung-Kyu
    • Economic and Environmental Geology
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    • v.47 no.3
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    • pp.291-302
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    • 2014
  • The Chinese government and its agencies were trying in order to solve the unstability of resource supply and demand. Ministry of Land and Resources of China(MLR) carried out a lot of national-level policy and planning for estimating the domestic mineral and energy resources potential and recoverable reserves, as the Chinese land and resources survey plan(1999~2010), the Chinese mineral resource survey and exploration plan(2008~2020), announcement for shale gas industry policies of China, the Chinese shale gas resources evaluation and selection project for its development priority areas(2012), and the plan for Chinese shale gas development(2011~2015). The two large sedimentary basins of Chinese shale gas reserves are Sichuan and Tarim basins with excellent potential, accounting for majority of the estimated national reserves. Recoverable gas-bearing shale of China was surveyed to be widespread. The volume of recoverable shale gas reservoirs in China has been estimated to be around 31 trillion cubic meters(1,115 trillion cubic feet). China is one of only three countries with the US and Canada to produce shale gas in commercial quantities. China is concentrating on technology development to enhance commercial production of shale gas, and on survey and exploration activities to increase its recoverable reserves. The trends related to shale gas development and R&D activities in China to respond to changes in international oil market should be actively monitored based on analysis of Chinese policies and technology.