INDUSTRY NEWS

ECF China Shale Weekly Review - Feb. 28th

Energy China Forum releases weekly review of China shale gas and oil updates every Sunday. For more China shale gas and oil information, please contact ECF editor. Policy & Industry1.CNOOC announces new oil, gas find in Bohai Sea, China National Offshore Oil Corp said that its newly discovered Bozhong 13-2 oil and gas field in the Bohai Sea contains proven geological reserves of 100 million metric tons of oil and gas equivalent, making it one of biggest crude oil production bases in China.2.Past Decade a Great Success For Discovery of Mineral Resources, China has uncovered rich mineral resourc

ECF China Shale Gas 2021-03-01

Past Decade a Great Success For Discovery of Mineral Resources

China has uncovered rich mineral resources in the past decade with a total of 10.1 billion metric tons of petroleum and 6.85 trillion cubic meters of natural gas being detected, the Ministry of Natural Resources announced on Feb. 24th.

China Gas China Oil Exploration China Exploration 2021-02-26

100 Million Tons! New Breakthroughs in Oil and Gas Exploration in Qaidam Basin

According to news from the Qinghai Energy Bureau, China National Petroleum Corporation Qinghai Oilfield Branch recently made new discoveries in Ganchaigou, the Heroic Ridge structural belt in the Qaidam Basin, adding 39.23 million tons of oil and gas predicted geological reserves.

China Exploration China Shale Gas 2021-02-25

ECF China Shale Weekly Review - Feb. 21st

Energy China Forum releases weekly review of China shale gas and oil updates every Sunday. For more China shale gas and oil information, please contact ECF editor. Policy & Industry1.CNOOC to raise 2021 capex, focus on China fields, China is likely to include shale oil exploration and development during the 14th Five-Year Plan period (2021-25) to cut its reliance on costly imports and bolster energy security, experts said. "CNOOC will focus more efforts on gas field exploration in China and also explore opportunities in onshore tight gas and shale gas in China after merging with coal-bed metha

ECF China Shale Gas 2021-02-22

Tarim Manshen 3 Well Super-deep Layer Gains Over 1,000 Tons of High-yield Oil & Gas Flow

On February 11, the key prospecting well of PetroChina Tarim Oilfield, Manshen 3 Well, obtained high-yield industrial oil and gas flow in the ultra-deep Ordovician formation at a depth of 8,000 meters, and used 10+8 mm nozzles (equivalent to 13 mm equivalent) to blow out for production. , It obtained 1,610 cubic meters of oil per day, 525,000 cubic meters of natural gas, and 1,690 tons of oil and gas equivalent, setting a record for the highest daily output of a single well in the carbonate field in the Tarim Basin.

China Oil Output China Exploration 2021-02-19

China's CNOOC to Expand Offshore Gas, Unconventional Fuel to Cut Emissions

China's CNOOC Ltd said it will accelerate the exploration and development of natural gas, including deepwater reserves in the South China Sea and unconventional resources onshore China, to cut carbon emissions.

Offshore Exploration China Investment China Exploration 2021-02-18

ECF China Shale Weekly Review - Feb. 7th

Energy China Forum releases weekly review of China shale gas and oil updates every Sunday. For more China shale gas and oil information, please contact ECF editor. Policy & Industry1.Shale oil to receive priority in 5-year plan for lower fuel imports, China is likely to include shale oil exploration and development during the 14th Five-Year Plan period (2021-25) to cut its reliance on costly imports and bolster energy security, experts said.2.China’s Unconventional Challenge Spurs New Thinking on Shale and Tight Reservoirs, Paper SPE 202066, coauthored by subsidiaries of CNPC, Downhole Service

China Shale Gas 2021-02-08