Why the Event

Event Background

China holds up to 30 trillion cubic meters of shale gas resources. China's goal is for about 12% of their natural gas production to come from shale gas wells by 2020. China will have to first learn how the ins and outs of shale production — something that U.S. companies have been perfecting for years. In 2009, China began its first venture into developing its shale gas with the help of Royal Dutch Shell. In September 2010, China Petroleum Corp, better known as Sinopec, inked a deal with Chevron to develop shale gas targets near Guiyang City. Sinopec is hoping to increase production from unconventional sources like shale gas and coalbed methane to approximately 2.5 billion cubic meters within the next five years. In the middle of October 2010, CNOOC announced a deal with Chesapeake Energy buying one-third of their shale assets in the prospective Eagle Ford shale play, located in South Texas.

With this mind, the 2nd Annual Unconventional Hydrocarbon Summit 2011 has generated a timely and strategic two-day program to discuss the promotion policies and the markets of the unconventional hydrocarbon and the exploration and production technologies in the field of CBM and shale gas industry. With the successful experience in 2010, This unique gathering has be a must-attend event for industry professionals by bringing together leading unconventional gas suppliers, buyers, E&P and solution providers. The UHS 2011 will come along with the pace of the unconventional hydrocarbon industry in China for all the global energy industry players to outline the landscape of the emerging energy industry.