Shale oil and gas exploitation in China: Technical comparison with US and development suggestions

The shale oil and gas exploitation in China is technically benchmarked with the United States in terms of development philosophy, reservoir stimulation treatment, fracturing parameters, fracturing equipment and materials, oil/gas production technology, and data/achievements sharing. It is recognized that the shale oil and gas exploitation in China is weak in seven aspects: understanding of flow regimes, producing of oil/gas reserves, monitoring of complex fractures, repeated stimulation technology, oil/gas production technology, casing deformation prevention technology, and wellbore maintenance technology. Combined with the geological and engineering factors of shale oil and gas in China, the development suggestions of four projects are proposed from the macro- and micro-perspective, namely, basic innovation project, exploitation technology project, oil/gas production stabilization project, and supporting efficiency-improvement project, so as to promote the rapid, efficient, stable, green and extensive development of shale oil and gas industry chain and innovation chain and ultimately achieve the goal of "oil volume stabilizing and gas volume increasing".