Current SNP Stock Info

As China looks for way to meet more of its natural gas demand domestically, it has looked to improving the economics of its own shale gas development. While China is one of four countries currently producing commercial volumes of shale gas, it has not been as economical as shale development in the U.S. Despite this, there have been more than 700 shale gas wells drilled in China, reaching production levels of 0.38 Bcf/d, according to data from the Energy Information Administration.

As Chinese companies gain experience producing from shale, th...

Legal Notice