Ceramic proppant industry-related policies and impact analysis

Ceramic proppant industry-related policies and impact analysis

Ceramic proppant for oil and natural gas wells in low permeability oil and gas  fracturing  the key material, in good macro policy, ceramic proppant products in the future exploration and development of oil and gas wells applications will be more widely used , in line with national industrial policy.
According to April 2007 issued by the State "Energy development" Eleventh Five-Year "plan," according to "tapping the east, the western development, accelerate the waters, to develop the South" principle, through geological theory innovation, new technology applications and to increase investment, etc. measures to make the 2010 national crude oil and natural gas production reached 193 million tons and 920 billion cubic meters. To achieve these production targets, the future of oil and gas exploration and development have also made policy safeguards.
Accelerate local economic development, through the development of energy, increase investment, the development of new application technologies, driven by a complete industrial chain of circular economy and building a harmonious society has become the primary task of the various local governments. Ceramic proppant has applications in the oil and gas wells plays an important role, not only to increase oil and gas production, but more prolonged service life of oil and gas wells. Therefore, from the research and development of  ceramic proppant  technology, practical point of view, there is a very good market space, in line with the relevant policies of the local government.