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Chinese Shell Gas Developments May be of Similar Size to U.S.
Nov. 12, 2012 08:12AM PST
Oil and Gas InvestingBloomberg reported that Shell’s Chinese joint venture shale gas developments may rival those in the U.S. in terms of amount of resource.
Bloomberg reported that Shell’s Chinese joint venture shale gas developments may rival those in the U.S. in terms of amount of resource.
As quoted in the market report:
The geology is akin to what we have experienced in the U.S.,” Matthias Bichsel, the company’s global director of projects and technology, said in an interview in Abu Dhabi yesterday. “In the U.S. we have lots of variability and that variability is what we need to explore.