On the US shale gas development business model for China's reference and inspiration

DOI

10.2991/icsste-15.2015.92How to use a DOI?

Keywords

United States; shale gas; operating experience; management mode

Abstract

shale gas exploration and development on the characteristics and patterns are very different from conventional gas, which need continuous drilling and production, the stable return on investment will be formed after a generation of scale. US shale gas development has its unique characteristics: pushed by the independent oil and gas producer at earlier time, after the major oil and gas companies to actively participate in and promote the shale gas development to the scale of industry; each block involved in mergers and acquisitions activity by number of companies; technology services company specialization and multi-force participation and collaboration to jointly promote the development of shale gas resources. But the US shale gas development hardware and software conditions are difficult to replicate in China; through investment or joint venture in the United States do not necessarily get the core technology. China has the advantages of shale gas development; we should learn the advanced management mode of operating experience from US and on the basis of selecting, absorbing, innovating foreign advanced management experience and business model to accelerate the development and utilization of China's shale gas resources.

Copyright

© 2015, the Authors. Published by Atlantis Press.

Open Access

This is an open access article distributed under the CC BY-NC license (http://creativecommons.org/licenses/by-nc/4.0/).

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TY  - CONF
AU  - Liu Shanghai
PY  - 2015/04
DA  - 2015/04
TI  - On the US shale gas development business model for China's reference and inspiration
BT  - Proceedings of the 2015 International Conference on Social Science and Technology Education
PB  - Atlantis Press
SP  - 340
EP  - 343
SN  - 2352-5398
UR  - https://doi.org/10.2991/icsste-15.2015.92
DO  - 10.2991/icsste-15.2015.92
ID  - Shanghai2015/04
ER  -