INDUSTRY NEWS

Sinopec: Cooperate to promote shale gas exploration and development in Western Hubei and strive to build 1 bcm of production capacity in the "14th five year plan"

On June 3, the State-owned Assets Supervision and Administration Commission of the State Council and the Hubei Provincial Government jointly held a video conference of central enterprises to help revitalize development after the Hubei epidemic. This includes cooperation to promote the exploration and development of shale gas in western Hubei, and strive to build a capacity of 1 billion cubic meters in the "Fourteenth Five-Year Plan", while accelerating the construction of Jianghan salt cave natural gas storage.

Sinopec China Shale Gas 2020-06-04

The daily gas production of Changning shale gas block in southwest oil and gas field exceeds 15 mcm

On May 31, the company's Changning shale gas block produced 15.02 mcm of gas per day, breaking the 15 mcm mark, a record high.The Changning Shale Gas Block spans 4 counties including Changning County, Gong County, Xingwen County, and Junlian County in Yibin City, Sichuan Province, and is the first shale gas well in my country with commercial value. In May last year, the daily output of the block reached 10.06 mcm, entering a new era of daily output of 10 mcm. In May of this year, the block hit another record high in daily gas production

China Shale Gas 2020-06-02

ECF China Shale Weekly Review - May 31

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. Energy China Forum WeChat: chinashalegasEditor WeChat: ecfenergyPolicy & Industry1. Shanxi "coal formed gas" mining approval speed up, On May 25, a message came from the Department of natural resources of Shanxi Province. In order to solve the problems of many functional departments and management levels involved in the approval of coal-fired gas projects in Shanxi Province, and the project approval cycle is still too long, the app

ECF China Shale Gas 2020-06-01

Sinopec Southwest oil and gas shale gas daily production exceeds 2 million cubic meters

On May 19, the reporter learned from Daqing oil field that the development of tight oil in Daqing Oilfield is being carried out in an all-round and efficient way this year, with 115 wells planned to be put into production by the end of the year. Longxita block 21-4 of Daqing Oilfield, as a key benefit demonstration area for tight oil production in Daqing Oilfield, produced 91200 tons of oil last year. In block 21-4, 189 wells were fractured accumulatively last year. Compared with the conventional production capacity construction mode, the market operation saves 554 million yuan. The financial

Sinopec China Shale Gas 2020-05-29

The largest shale oil demonstration base in China to realize scale benefit development

The largest shale oil demonstration base in China to realize scale benefit development

China Shale Oil CNPC 2020-05-28

Sinopec West Sichuan continental gas field has a total production of 52 bcm

On May 22, it was learned from Sinopec that the West Sichuan continental gas field of Sinopec Southwest oil and gas company, the most narrow channel tight gas field in China, has produced more than 52 bcm of gas, and has achieved stable production of more than 2 bcm for 15 consecutive years. At present, the gas field has a daily gas output of 6.54 mcm, which can meet the daily gas demand of about 13 million households.

Sinopec China Shale Gas 2020-05-27

ECF China Shale Weekly Review - May 24

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. Energy China Forum WeChat: chinashalegasEditor WeChat: ecfenergyPolicy & Industry1. CNPC adjusts its business scope! Recently, CNPC announced that according to the actual situation of the company's business development, in order to meet the needs of oil and gas resources, geothermal resources exploration and exploitation, production and operation of some refining and chemical products, and meet the operation requirements of PetroCh

ECF China Shale Gas 2020-05-25