SHALE GAS REVOLUTION:Impact to China's Resources Exploration Strategy

The great success of tight oil development in US has not only essentially impacted the supply situation in US and even the world, but also enlightened the idea of subsurface resources exploration. Firstly, the development of unconventional resources can multifold the recoverable resources. Secondly, the new field discovery can be generated by broadening the oil and ore exploration method. Finally, the above assumptions can only be realized by technological innovations. Also, the mineral resources development of China should focus on various unconventional resources, with improved beneficiation and comprehensive utilization, exploration and development. That could become true by actively and insistently searching for fresh idea, new field and high technology.