Sunday, September 9, 2012

China, Shale, Natural Gas, Schlumberger, HIWAY

It's all here - this article at the Oil Drum.

Data points in the article and in the comments:

  • China's consumption of natural gas will triple by 2020 -- that's about eight years from now
  • China hopes to find some of that necessary natural gas inside their own country
  • for a large part of their country, natural gas makes more sense that coal
  • Schlumberger has bought into a Chinese oilfield services company

Some of the folks who commented on the article got off-topic and started asking about whether HIWAY was cracked up (fracked up?) to be all that great. I'm just impressed folks know about HIWAY and even reference Petrohawk's publicized experience with the process.


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