Geologic characteristics,exploration and production progress of shale oil and gas in the United States:An overview

We present a systematic summary of the geological characteristics,exploration and development history and current state of shale oil and gas in the United States.The hydrocarbon-rich shales in the major shale basins of the United States are mainly developed in six geological periods:Middle Ordovician,Middle-Late Devonian,Early Carboniferous(Middle-Late Mississippi),Early Permian,Late Jurassic,and Late Cretaceous(Cenomanian-Turonian).Depositional environments for these shales include intra-cratonic basins,foreland basins,and passive continental margins.Paleozoic hydrocarbon-rich shales are mainly developed in six basins,including the Appalachian Basin(Utica and Marcellus shales),Anadarko Basin(Woodford Shale),Williston Basin(Bakken Shale),Arkoma Basin(Fayetteville Shale),Fort Worth Basin(Barnett Shale),and the Wolfcamp and Leonardian Spraberry/Bone Springs shale plays of the Permian Basin.The Mesozoic hydrocarbon-rich shales are mainly developed on the margins of the Gulf of Mexico Basin(Haynesville and Eagle Ford)or in various Rocky Mountain basins(Niobrara Formation,mainly in the Denver and Powder River basins).The detailed analysis of shale plays reveals that the shales are different in facies and mineral components,and"shale reservoirs"are often not shale at all.The United States is abundant in shale oil and gas,with the in-place resources exceeding 0.246×10^(12)t and 290×10^(12)m^(3),respectively.Before the emergence of horizontal well hydraulic fracturing technology to kick off the"shale revolution",the United States had experienced two decades of exploration and production practices,as well as theory and technology development.In 2007-2023,shale oil and gas production in the United States increased from approximately 11.2×10^(4)tons of oil equivalent per day(toe/d)to over 300.0×10^(4)toe/d.In 2017,the shale oil and gas production exceeded the conventional oil and gas production in the country.In 2023,the contribution from shale plays to the total U.S.oil and gas production remained above 60%.The development of shale oil and gas has largely been driven by improvements in drilling and completion technologies,with much of the recent effort focused on“cube development”or“co-development”.Other efforts to improve productivity and efficiency include refracturing,enhanced oil recovery,and drilling of“U-shaped”wells.Given the significant resources base and continued technological improvements,shale oil and gas production will continue to contribute significant volumes to total U.S.hydrocarbon production.

Formation,evolution,reconstruction of black shales and their influence on shale oil and gas resource

Black shales are important products of material cycling and energy exchange among the lithosphere,atmosphere,hydrosphere,and biosphere.They are widely distributed throughout geological history and provide essential energy and mineral resources for the development of human society.They also record the evolution process of the earth and improve the understanding of the earth.This review focuses on the diagenesis and formation mechanisms of black shales sedimentation,composition,evolution,and reconstruction,which have had a significant impact on the formation and enrichment of shale oil and gas.In terms of sedimentary environment,black shales can be classified into three types:Marine,terrestrial,and marine-terrestrial transitional facies.The formation processes include mechanisms such as eolian input,hypopycnal flow,gravity-driven and offshore bottom currents.From a geological perspective,the formation of black shales is often closely related to global or regional major geological events.The enrichment of organic matter is generally the result of the interaction and coupling of several factors such as primary productivity,water redox condition,and sedimentation rate.In terms of evolution,black shales have undergone diagenetic evolution of inorganic minerals,thermal evolution of organic matter and hydrocarbon generation,interactions between organic matter and inorganic minerals,and pore evolution.In terms of reconstruction,the effects of fold deformation,uplift and erosion,and fracturing have changed the stress state of black shale reservoirs,thereby having a significant impact on the pore structure.Fluid activity promotes the formation of veins,and have changed the material composition,stress structure,and reservoir properties of black shales.Regarding resource effects,the deposition of black shales is fundamental for shale oil and gas resources,the evolution of black shales promotes the shale oil and gas formation and storage,and the reconstruction of black shales would have caused the heterogeneous distribution of oil and gas in shales.Exploring the formation mechanisms and interactions of black shales at different scales is a key to in-depth research on shale formation and evolution,as well as the key to revealing the mechanism controlling shale oil and gas accumulation.The present records can reveal how these processes worked in geological history,and improve our understanding of the coupling mechanisms among regional geological events,black shales evolution,and shale oil and gas formation and enrichment.

Evaluation and re-understanding of the global natural gas hydrate resources

Natural gas hydrate(NGH)has been widely considered as an alternative to conventional oil and gas resources in the future energy resource supply since Trofimuk’s first resource assessment in 1973.At least 29 global estimates have been published from various studies so far,among which 24 estimates are greater than the total conventional gas resources.If drawn in chronological order,the 29 historical resource estimates show a clear downward trend,reflecting the changes in our perception with respect to its resource potential with increasing our knowledge on the NGH with time.A time series of the 29 estimates was used to establish a statistical model for predict the future trend.The model produces an expected resource value of 41.46×1012 m3 at the year of 2050.The statistical trend projected future gas hydrate resource is only about 10%of total natural gas resource in conventional reservoir,consistent with estimates of global technically recoverable resources(TRR)in gas hydrate from Monte Carlo technique based on volumetric and material balance approaches.Considering the technical challenges and high cost in commercial production and the lack of competitive advantages compared with rapid growing unconventional and renewable resources,only those on the very top of the gas hydrate resource pyramid will be added to future energy supply.It is unlikely that the NGH will be the major energy source in the future.

Improved AHP–TOPSIS model for the comprehensive risk evaluation of oil and gas pipelines

A comprehensive and objective risk evaluation model of oil and gas pipelines based on an improved analytic hierarchy process(AHP)and technique for order preference by similarity to an ideal solution(TOPSIS)is established to identify potential hazards in time.First,a barrier model and fault tree analysis are used to establish an index system for oil and gas pipeline risk evaluation on the basis of five important factors:corrosion,external interference,material/construction,natural disasters,and function and operation.Next,the index weight for oil and gas pipeline risk evaluation is computed by applying the improved AHP based on the five-scale method.Then,the TOPSIS of a multi-attribute decision-making theory is studied.The method for determining positive/negative ideal solutions and the normalized equation for benefit/cost indexes is improved to render TOPSIS applicable for the comprehensive risk evaluation of pipelines.The closeness coefficient of oil and gas pipelines is calculated by applying the improved TOPSIS.Finally,the weight and the closeness coefficient are combined to determine the risk level of pipelines.Empirical research using a long-distance pipeline as an example is conducted,and adjustment factors are used to verify the model.Results show that the risk evaluation model of oil and gas pipelines based on the improved AHP–TOPSIS is valuable and feasible.The model comprehensively considers the risk factors of oil and gas pipelines and provides comprehensive,rational,and scientific evaluation results.It represents a new decision-making method for systems engineering in pipeline enterprises and provides a comprehensive understanding of the safety status of oil and gas pipelines.The new system engineering decision-making method is important for preventing oil and gas pipeline accidents.

Distribution and potential of global oil and gas resources

Using conventional and unconventional oil and gas resource evaluation methods with play as a unit, this study evaluates the oil and gas geology and resource potential of conventional oil and gas resources and seven types of unconventional resources in the global major oil and gas basins(excluding China). For the first time, resource evaluation data with independent intellectual property rights has been obtained. According to evaluation and calculation, the global recoverable conventional oil resources are 5 350.0×108 t, the recoverable condensate oil resources are 496.2×108 t, and the recoverable natural gas resources are 588.4×1012 m3. The remaining oil and gas 2 P recoverable reserves are 4 212.6×108 t, the reserve growth of oil and gas fields are 1 531.7×108 t. The undiscovered oil and gas recoverable resources are 3 065.5×108 t. The global unconventional oil recoverable resources are 4 209.4×108 t and the unconventional natural gas recoverable resources are 195.4×1012 m3. The evaluation results show that the global conventional and unconventional oil and gas resources are still abundant.

Study of evaluation method for the overseas oil and gas investment based on risk compensation

The overseas oil and gas investment evaluation is one of the core tasks in overseas investment of oil and gas companies,among which risk evaluation and benefit evaluation are the most important.This paper sets forth transmission paths of risk factors to the investment benefit by identifying 14 overseas oil and gas investment risks in four categories.On the basis of the concept of risk compensation,different compensation mechanisms specific to each risk are designed.The risk and benefit are integrated objectively to develop a comprehensive evaluation model by correcting the recoverable reserve,adjusting benefit evaluation parameters such as investments on exploration and development,and compensating for the changes in risk factors with time through dynamic discount rate.Moreover,two cases studies,namely the evaluations of Project A in Sudan and comparison among Blocks A–G,are used to describe usage method and applicable scope of such evaluation model,respectively.According to the results,oil price is a key influencing factor for enterprise internal risk and industrial risk.Risk compensation reduces comprehensive benefit of overseas oil and gas investment and undermines the investment feasibility and priority of blocks.The research findings of this paper are free from the effects of some subject factors and avoid multi-objective decision making,and also avoid the undesired repeated calculation of risk factors.

Evaluation of natural gas hydrate resources in the South China Sea by combining volumetric and trend-analysis methods

Natural gas hydrate(NGH),considered as a type of premium energy alternative to conventional hydrocarbons,has been broadly studied.The estimate of the total NGH resources in the world has decreased by more than 90%since the first evaluation in 1973.Geographic and geophysical conditions of the South China Sea(SCS)are favorable for the formation of NGH,which has been proved by drilling results up to date.The recoverability of the NGH in the SCS has been confirmed by the production tests using both vertical and horizontal wells.Since 2001,35 estimates of NGH resources in the SCS have been made,with relatively stable results varying between 600 and 900×109 ton oil equivalent.In these estimations,the volumetric method was commonly adopted,but the geological conditions,the migration-accumulation mechanisms of NGH,and the practical recoverability were not considered.These estimates cannot be regarded as evaluated resources according to the international resource evaluation standards,but are at most about prospective gas content of NGH,thus inefficient for guiding explorations and developments.To solve these problems,this study divides the past NGH surveys in the SCS into seven stages,acquires key geological parameters of every stage based on previous studies and analogy with other areas,evaluates the NGH resources of these seven stages by using the volumetric method,then adopts a new trend-analysis method to simulate the downward trend of these estimates,and finally predicts the NGH resources in the SCS at 2025 and 2030.The downward trend is because of the continuous improvement of NGH understanding over time,which is consistent with the trend of global NGH estimates.At the present stage(from 2019 to 2021),the average technically recoverable resource(ATRR)is 7.0×10^(12)m^(3),and the estimates of 2025 and 2030 ATRR are 6.46×10^(12)m^(3) and 4.01×10^(12)m^(3)respectively,with a difference of less than 40%.Therefore,it can be inferred that the ATRR of NGH in the SCS is between 4.0 and 6.5×10^(12)m^(3),with an average of 5.25×10^(12)m^(3).

Design and impact estimation of a reform program of China's tax and fee policies for low-grade oil and gas resources

With China＇s rapid economic development,it is important to formulate reasonable and feasible tax and fee policies to promote the development and utilization of low-grade oil and gas resources to guarantee China＇s energy supply security.In this paper,by analyzing major problems of China＇s current tax and fee policies for oil and gas resources,a reform program for low-grade oil and gas resources is designed from the aspects of tax/fee items and tax/fee rates.The impacts of this reform program on China and China＇s oil companies during the ＂Twelfth Five-Year Plan＂ are investigated according to the related data in 2008.The results show that the proposed tax and fee reform program will lower the tax burden of oil companies,promote the development of low-grade oil and gas resources,and increase China＇s GDP and national fiscal revenue.Besides that,it will bring positive social effects by increasing employment opportunities.

Geochemical characteristics, forming conditions and resource evaluation of oil-cracking gas as ex-emplified by the platform area of the Tarim Basin

Based on the geochemical characteristics of oil-cracking gas and kerogen-cracking gas revealed by simu-lation experiments and the chemical composition of natural gases in actual gas reservoirs, two kinds of natural gases with different relationships between C2/C3 and C1/C2, C2/C3 and C1/C3, C2/C3 and 100×C1/(C1-C5) were identified in the Tarim Basin, and proposed further by the authors. The relationship charts of C2/C3 and C1/C2, C2/C3 and C1/C3, C2/C3 and 100×C1/(C1-C5) can be used to effectively distinguish oil-cracking gas from kerogen-cracking gas. Petro-leum geological analysis of the oil-cracking gas reservoirs showed that the distribution of oil-cracking gas is mostly related with deep-seated faults or faults with a large fault throw, and the burial depth of paleo-oil reservoir is rela-tively high; crude oil-cracking gas resources have been evaluated by using both forward and inversion methods. The plots of C2/C3 vs. C1/C2, C2/C3 vs. C1/C3, and C2/C3 vs. 100×C1/(C1-C5) were used to distinguish between oil-crack-ing gas and kerogen-cracking gas, and estimate the mixed ratios of the two kinds of natural gases in the main gas reservoirs of the platform area.

Geological reservoir and resource potential(10^(13)m^(3))of gas hydrates in the South China Sea

A detailed understanding of the distribution and potential of natural gas hydrate(NGHs)resources is crucial to fostering the industrialization of those resources in the South China Sea,where NGHs are abundant.In this study,this study analyzed the applicability of resource evaluation methods,including the volumetric,genesis,and analogy methods,and estimated NGHs resource potential in the South China Sea by using scientific resource evaluation methods based on the factors controlling the geological accumulation and the reservoir characteristics of NGHs.Furthermore,this study compared the evaluation results of NGHs resource evaluations in representative worldwise sea areas via rational analysis.The results of this study are as follows:(1)The gas hydrate accumulation in the South China Sea is characterized by multiple sources of gas supply,multi-channel migration,and extensive accumulation,which are significantly different from those of oil and gas and other unconventional resources.(2)The evaluation of gas hydrate resources in the South China Sea is a highly targeted,stratified,and multidisciplinary evaluation of geological resources under the framework of a multi-type gas hydrate resource evaluation system and focuses on the comprehensive utilization of multi-source heterogeneous data.(3)Global NGHs resources is n×10^(15)m^(3),while the NGHs resources in the South China Sea are estimated to be 10^(13)m^(3),which is comparable to the abundance of typical marine NGHs deposits in other parts of the world.In the South China Sea,the NGHs resources have a broad prospect and provide a substantial resource base for production tests and industrialization of NGHs.

Technical evaluation system of co-extraction of coal and gas

Coal and gas are two important resources in China,and it is an effective way to recycle them with the method of co-extraction of coal and gas.In view of actual situation of China's co-extraction of coal and gas,this research adopts the science evaluation of gas extraction of coal by the method of quantitative evaluation,and preliminarily establishes the technical evaluation system of co-extraction of coal and gas.Technical evaluation system of co-extraction of coal and gas includes safety evaluation,economic evaluation and resource recovery evaluation in the process of mining coal and gas.In addition,this paper results in the selected evaluation parameters and target functions that are used in the three evaluation methods.The establishment of evaluation system for co-extraction of coal and gas plays an important theoretical significance and guiding role in co-extraction of coal and gas for China's coal enterprises.

Distribution and resource evaluation of natural gas hydrate in South China sea by combing phase equilibrium mechanism and volumetric method

China Geological Survey conducted the second trial production of natural gas hydrate(NGH)in the Shenhu Area in South China Sea(SCS)from 2019 to 2020.Compared with the first trial production in 2017,the second trial showed significantly increased daily gas production and total gas production,and removed some technical obstacles for large-scale NGH resource developments in the SCS.However,current NGH resource evaluation in the SCS is still at the stage of prospective gas content assessment,which is unable to guide further NGH exploration and development.This study utilized the hydrate phase balance to delineate the NGH distribution range and effective thickness and volumetric method to evaluate NGH resource.Based on the latest exploration and production data from the Shenhu Area,Monte Carlo simulation was performed to calculate the NGH resource amount with different probabilities.By assuming a 50%cumulative probability,the in-situ NGH resources in the SCS was estimated to be11.7×10^(12)m^(3) and the recoverable NGH resources was 2.8×10^(12)m^(3).These results will provide a more reliable resource basis for China to formulate comprehensive development strategies for oil and gas exploration in the SCS.

Research progress and challenges of natural gas hydrate resource evaluation in the South China Sea

As an efficient clean energy,natural gas hydrate(NGH)has become a hot topic in recent researches.Since1990 s,China has made great achievements and progress in NGH exploration in the South China Sea(SCS),including determination of the favorable distribution areas and favorable strata thickness,identification of the dual source for accumulation,evaluation of the prospective gas contents,verification of the widespread existence,and confirmation of the technical recoverability of NGH resources.However,there are three major challenges in the NGH studies.First,all the 24 national key and major projects in the SCS focused on trial production engineering and geological engineering in the past 20 years,while 8 of the 10 international NGH research projects focused on resource potential.Second,resource evaluation methods are outdated and some parameter selection are subjective.Third,the existing resource evaluation results are low-level with a great uncertainty,and cannot be used to guide NGH exploration and production or strategic research.To improve the evaluation of NGH resources in the SCS,future researches should focus on four aspects:(1)improve the research on the criterion of the objective existence of NGH and the method of prediction and evaluation;(2)apply new theories and methods from the global NGH research;(3)boost the research on the difference and correlation of the conditions of hydrocarbon migration and accumulation in different basins;(4)innovate the theory and method of NGH resource potential evaluation.

A"One Engine with Six Gears"System Engineering Methodology for the Economic Development of Unconventional Oil and Gas in China

Unconventional oil and gas resources have become the most important and realistic field for increasing China’s domestic oil and gas reserves and production.At present,the production scale does not match the massive amount of resources and the rapid growth of proven geological reserves.The challenges of technology,cost,management,and methodology restrict large-scale and economic development.Based on successful practices,a"one engine with six gears"system engineering methodology is put forward,which includes life-cycle management,overall synergy,interdisciplinary cross-service integration,marketoriented operation,socialized support,digitalized management,and low-carbon and green development.The methodology has been proved to be effective in multiple unconventional oil and gas national demonstration areas,including the Jimusar continental shale oil demonstration area.Disruptive views are introduced-namely,that unconventional oil and gas do not necessarily yield a low return,nor do they necessarily have a low recovery factor.A determination to achieve economic benefit must be a pervasive underlying goal for managers and experts.Return and recovery factors,as primary focuses,must be adhered to during China’s development of unconventional oil and gas.The required methodology transformation includes a revolution in management systems to significantly decrease cost and increase production,resulting in technological innovation.

Evaluation of natural gas hydrate resources in the South China Sea using a new genetic analogy method

Natural gas hydrate(NGH)has attracted much attention as a new alternative energy globally.However,evaluations of global NGH resources in the past few decades have casted a decreasing trend,where the estimate as of today is less than one ten-thousandth of the estimate forty years ago.The NGH researches in China started relatively late,but achievements have been made in the South China Sea(SCS)in the past two decades.Thirty-five studies had been carried out to evaluate NGH resource,and results showed a flat trend,ranging from 60 to 90 billion tons of oil equivalent,which was 2-3 times of the evaluation results of technical recoverable oil and gas resources in the SCS.The big difference is that the previous 35 group of NGH resource evaluations for the SCS only refers to the prospective gas resource with low grade level and high uncertainty,which cannot be used to guide exploration or researches on development strategies.Based on the analogy with the genetic mechanism of conventional oil and gas resources,this study adopts the newly proposed genetic method and geological analogy method to evaluate the NGH resource.Results show that the conventional oil and gas resources are 346.29×10^(8)t,the volume of NGH and free dynamic field are 25.19×10^(4)km^(3) and(2.05-2.48)×10^(6)km^(3),and the total amount of in-situ NGH resources in the SCS is about(4.47-6.02)×10^(12)m^(3).It is considered that the resource of hydrate should not exceed that of conventional oil and gas,so it is 30 times lower than the previous estimate.This study provides a more reliable geological basis for further NGH exploration and development.

The dynamic economic evaluation method of shale gas resources

At present, most shale gas exploration and development areas in China are difficult to provide sufficient and effective production data to support economic evaluation, since they are still in the initial stage of low exploration level. In addition, ecological and environmental factors are not taken into account in the evaluation process, which does not meet the needs of green energy development of China. Aiming at above problems, the dynamic economic evaluation method of shale gas resources based on calculus principle is proposed. The Arps hyperbolic decreasing curve model will be used in the evaluation of single shale gas well production, which can evaluate single well production of shale gas by fitting the existing dynamic production data to generate the production decreasing curve. Therefore, the variation regularity of the cumulative production of single well shale gas within the study area can be obtained by the model mentioned above. According to the variation regularity of the cumulative production obtained from the Arps hyperbolic decreasing curve model, the recovery period of single well cost, ultimate economic life and the ultimate economic resource can be evaluated dynamically by analyzing the variation regularity of the cumulative sales revenue and cumulative input cost of single shale gas well. Then the evaluation result can be further extend to the whole evaluation areas, in order to analyze shale gas resources ’ economic value in evaluation regions under different shale gas price conditions. The results of the above evaluation methods are not only conducive to improving the economic benefits of relative shale gas development enterprises, but also provide a basis for the national energy strategy deployment.

Growth behavior and resource potential evaluation of gas hydrate in core fractures in Qilian Mountain permafrost area, Qinghai-Tibet Plateau

The Qilian Mountain permafrost area located in the northern of Qinghai-Tibet Plateau is a favorable place for natural gas hydrate formation and enrichment,due to its well-developed fractures and abundant gas sources.Understanding the formation and distribution of multi-component gas hydrates in fractures is crucial in accurately evaluating the hydrate reservoir resources in this area.The hydrate formation experiments were carried out using the core samples drilled from hydrate-bearing sediments in Qilian Mountain permafrost area and the multi-component gas with similar composition to natural gas hydrates in Qilian Mountain permafrost area.The formation and distribution characteristics of multi-component gas hydrates in core samples were observed in situ by X-ray Computed Tomography(X-CT)under high pressure and low temperature conditions.Results show that hydrates are mainly formed and distributed in the fractures with good connectivity.The ratios of volume of hydrates formed in fractures to the volume of fractures are about 96.8%and 60.67%in two different core samples.This indicates that the fracture surface may act as a favorable reaction site for hydrate formation in core samples.Based on the field geological data and the experimental results,it is preliminarily estimated that the inventory of methane stored in the fractured gas hydrate in Qilian Mountain permafrost area is about 8.67×1013 m3,with a resource abundance of 8.67×108 m3/km2.This study demonstrates the great resource potential of fractured gas hydrate and also provides a new way to further understand the prospect of natural gas hydrate and other oil and gas resources in Qilian Mountain permafrost area.

Analysis of the world oil and gas exploration situation in 2021

The global exploration investment, new oil and gas discoveries, exploration business adjustment strategies of oil companies in 2021, and future favorable exploration domains are systematically analyzed using commercial databases such as IHS and public information of oil companies. It has been found that the world oil and gas exploration situation in 2021 has continued the downturn since the outbreak of COVID-19. The investment and drilling workload decreased slightly, but the success rate of exploration wells, especially deepwater exploration wells, increased significantly, and the newly discovered reserves increased slightly compared with last year. Deep waters of the passive continental margin basins are still the leading sites for discovering conventional large and medium-sized oil and gas fields. The conventional oil and gas exploration in deep formations of onshore petroliferous basins has been keeping a good state, with tight/shale oil and gas discoveries made in Saudi Arabia, Russia, and other countries. While strengthening the exploration and development of local resources, national, international, and independent oil companies have been focusing on major overseas frontiers using their advantages, including risk exploration in deep waters and natural gas. Future favorable exploration directions in the three major frontiers, the global deep waters, deep onshore formations, and unconventional resources, have been clarified. Four suggestions are put forward for the global exploration business of Chinese oil companies: first, a farm in global deepwater frontier basins in advance through bidding at a low cost and adopt the “dual exploration model” after making large-scale discoveries;second, enter new blocks of emerging hot basins in the world through farm-in and other ways, to find large oil and gas fields quickly;third, cooperate with national oil companies of the resource host countries in the form of joint research and actively participate exploration of deep onshore formations of petroliferous basins;fourth, track tight/shale oil and gas cooperation opportunities in a few countries such as Saudi Arabia and Russia, and take advantage of mature domestic theories and technologies to farm in at an appropriate time.

Model and methods for comprehensive measurement of the low-carbon status of China's oil and gas enterprises

This paper establishes a model that would allow China＇s oil and gas enterprises to scientifically evaluate and measure their low-carbon level and status. It considers various characteristics of China＇s oil and gas enterprises and the implications of low-carbon development, and is based on an overall analysis of factors that influence the reduction of carbon emissions. In view of low-carbon economic theories and the general principles of an evaluation index system, a comprehensive system for measuring the low-carbon status of China＇s oil and gas enterprises has been developed. This measurement system is comprised of four main criteria （energy structure, energy utilization, carbon emissions and utilization, and low carbon management） as well as thirty indexes. By the Delphi method and the analytical hierarchy process （AHP）, the weight of the rules hierarchy and indexes hierarchy were determined. The standardized indexes were then integrated using a linear weighted sum formula, and a comprehensive formula for index measurement was established. Taking into account the status of low- carbon development in the petroleum and petrochemical industry at home and abroad, an evaluation criterion is proposed comprising four levels： ideal low-carbon, economical low-carbon, medium-carbon and high-carbon, whose values were organized within the settings of [0, 1].