China's tight gas production value accounts for nearly 1/3 of the total output value of natural gas, but due to the low output value of single well, high development cost and poor economic benefit, most of the fine gas reserves failed to be used. Many fine oil and gas reserves have become "dull mines", which occupy a lot of the company's exploration investment funds and cannot be recovered, making many proven natural gas resources unusable. In the category of coalbed methane, with the increase of resource dry wine mines caused by high-intensity coal mining and the promotion of coal mine consolidation and closure, the use of waste coal mine gas extraction will be the hot use of gas extraction in China's 13th Five-Year Plan period. Sun Chao, director of the Clean Coal Center of the Information Research Institute of the State Administration of Work Safety, believes that with the help of the country's "One Belt One Road" strategy, the coalbed methane industry should also complete its going global.
Oil prices are falling and the world power format is undergoing profound changes. Chen Weidong, a special expert of China's power network, believes that China's oil industry is also deeply affecting the world while accepting global influence. Power transformation calls for in-depth and complete changes in China's power industry. In recent years, unconventional oil and gas has always been highly valued by the power profession, especially after the Third Plenary Session of the 18th Central Committee, the reform of state-owned companies and the reform of the oil and gas system have become the new key to the development of unconventional oil and gas.
In this regard, the world's oil companies to deal with the new changes in the initiative is worth learning. Some experts have shown that under the new normal of oil prices, the competition between various driving forces is increasing, and the world's oil companies are constantly strengthening the development of unconventional and other oil and gas affairs from the perspective of replacing the driving forces with each other.