and the dominant position of oil and gas in the world primary energy consumption will remain stable for a long period.The proportion of shale oil and gas in the global oil and gas supply is increasing continuously
which is mainly due to the success of the American shale revolution.The successful development of shale gas has turned the United States into a net exporter of natural gas
while shale oil has greatly reduced its dependence on foreign oil to a new low of nearly 10%.The shale revolution in the United States not only has been boosting the economy development of the United States
but also has a far-reaching impact on the world's energy pattern.Under the vigorous promotion of the Chinese government and through the active practice of the NOCs
China's shale gas has achieved a major breakthrough in a short period of time
becoming the third country across the world with commercial development capability after the United States and Canada.Although China has made great progress in shale gas exploration and development
it still faces many challenges
the solution to which requires innovation in theories
technologies and business models.China has huge potential of shale oil resources
but the exploration and development of the shale oil are even more challenging.It is necessary to carry out in-depth research on the enrichment mechanism
distribution pattern
sweet-spot prediction and low-cost development technologies of continental shale oil.Overall
China is embracing the shale gas revolution
while the shale oil revolution has not yet arrived.