Review of the Development Status and Technology of Tight Oil: Advances and Outlook

Tight sandstone and shale oil reservoirs are one of the most promising and realistic important oil exploration fields in the 21st century. The research on the development technology of tight sandstone and shale oil reservoirs has important theoretical and practical significance for the exploration and development of tight sandstone and shale oil reservoirs in China. First, this article introduces the distribution of tight oil in the world and calculates the recoverable reserves of tight oil technology worldwide. The review also introduces the current status of tight oil exploration and development in major countries such as the United States, Canada, and China, including the distribution of tight oil resources, the main parameters of tight oil basins, and tight oil production. Second, it analyzes the current development status of tight oil in the United States, summarizes the four main factors that led to the success of tight oil exploration and development in the United States, and points out the impact of the successful development of tight oil in the United States on the global oil supply and demand relationship. Third, in the review of the main development technologies for tight oil, the current status, application, and progress of the main development technologies for tight oil are summarized and analyzed, including horizontal well drilling, fracturing and transformation technology, microscale seismic diagnosis, gas injection, and other technologies. Finally, the development examples of tight oil such as the Bakun shale in the United States are analyzed, and the application effects and experiences of horizontal well volume fracturing in regions such as the United States are summarized.