A European council decision last December allowed Horizon 2020 funding to be given to unconventional gas and oil resource exploration and production where this was considered appropriate.
There are "substantial shale gas and oil resources" and "exploration and appraisal is urgently needed to establish their economic potential," the committee said.
The diminishing oil resources make the exploration and development of heavy oil reservoirs more and more important.
Brightoil Petroleum (Holdings) Ltd. is a resource-based energy enterprise focusing on upstream oil and gas resources exploration, along with further developments midstream and downstream.
As environmental protection has become a consideration before any oil and gas resources exploration, people have paid more and more attention to the DF for environmental safety.
Following the successful exploration of shale oil in North America, China recently started to explore unconventional oil resources.
About five other minor seismic profiles also pass through Bradwall, all managed by the UK Onshore Geophysical Library, that are uses by resources exploration companies (such as oil, gas and coal).
With the increasing demands for energy resources and the declining of oil resources, more and more attentions are paid to the exploration and development of heavy oil reservoirs.
As an unconventional resource that is most similar to conventional oil resources, tight oil has become a focus for global exploration and development, and a historic breakthrough has been achieved in North America (EIA 2013; BP 2015; IHS 2014a, b).
