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One of useful metrics for analyzing the production of fossil fuels in China is Energy Return on (Energy) Investment (EROI). Various measures of this index are declining. The EROI for China's oil and natural gas production sector fluctuated from 12 to 14:1 in the mid-1990s, and declined to 10:1...
Persistent link: https://www.econbiz.de/10010808009
Due to the expected importance of unconventional oil in China's domestic oil supply, this paper first investigates the four types of China's unconventional oil resources comprehensively: heavy and extra-heavy oil, oil sands, broad tight oil and kerogen oil. Our results show that OIP...
Persistent link: https://www.econbiz.de/10011209427
China's energy supply is dominated by coal, making projections of future coal production in China important. Recent forecasts suggest that Chinese coal production may reach a peak in 2010–2039 but with widely differing peak production levels. The estimated URR (ultimately recoverable...
Persistent link: https://www.econbiz.de/10011054026
As the world's second largest oil importer, China has been one of the important factors which affect the global oil market. In recent years, China has attained great international trade surplus through exporting a large number of “Made in China” products even during the global economic...
Persistent link: https://www.econbiz.de/10011053190
As China’ largest oilfield, Daqing is of great importance to China, this paper analyzes the status of the Daqing oilfield and forecasts its ultimate recoverable reserves by use of the URR model. The forecast results are presented for three scenarios which show that the ultimate recoverable...
Persistent link: https://www.econbiz.de/10011055112