US Firm Tries China For Coalbed Methane

摘要

Nothing makes a deal good as much as being in the right place,at the right time,with the right product.For Houston-based Far East Energy,the place is China,the time is now and the product is coalbed methane,says Michael McElwrath,president and chief executive officer of the tiny gas operator.Far East is in the process of completing and testing its first horizontal well in the Shouyang Block of Shanxi province,and even before the well flows first gas,McElwrath considers it a success."We clearly demonstrated that extended horizontal well bores can be successfully drilled in the coal seam," he told WGI in a recent interview.Test results should be available this quarter.The well is now being dewatered.