【ECF News】CNPC Oilfield Service Accelerating Shale Fracturing

First Fracturing Team Completes 350 Fracturing Section

ECF China Shale Weekly Review - September 9, 2019

ECF China Shale Weekly Review - September 9, 2019

【ECF News】China's shale gas peak annual output to reach 65 bcm in 10-15 years

“We predict that the peak production of shale gas in China will reach 65 billion cubic meters per year, which is expected to occur in 2030-2035,” said Zhao Wenzhi, Director of CNPC Research Institute of Petroleum Exploration & Development (RIPED) and Academician of the Chinese Academy of Engineering at the 7th Asian Natural Gas Forum held on August 30.China's natural gas production will reach 280 billion cubic meters in 2035, said Zhao. Among them, shale gas has become the main driver of production growth, contributing more than 40% to the total increase of natural gas. The share of shale gas

【ECF News】Sinopec Southwest Bureau produced over 100 MMcm shale gas

By the end of August, the output of shale gas of Sinopec Southwest Petroleum Bureau exceeded 100 million cubic meters, an increase of 72 million cubic meters, or 230% compared with the same period of last year.

【ECF News】Observation: China unconventional gas - this new subsidy is not enough

On June 20, the Ministry of Finance announced the Supplementary Notice on the Interim Measures for the Administration of Special Funds for Renewable Energy Development (hereinafter referred to as the “Notice”), and many new regulations on unconventional natural gas subsidies have been released . For example, the subsidy time limit will be extended to 2023, and the subsidies will be extended from shale gas, coalbed methane to tight gas.Hereafter, several key issues has led to extensive discussions among the industry, such as how to calculate the unconventional natural gas utilization amount, ho

【ECF News】Gas production wells in China's Fuling shale gas block exceeds 400

According to Sinopec Jianghan Oilfield Fuling Shale Gas Company on August 30, three new shale gas wells, Jiaoye 46-5, 46-6, 46-7 HF started producing in Jiaoshiba field of Fuling shale gas. The total number of production wells rose from 399 to 402.The Fuling Shale Gas Company plans to put 98 new wells into production. As of the end of August, the trial production of 61 new wells has been completed. There are multiple wells have been produced with a high-yield industrial gas flow of more than 300,000 m3 per day.

China aims to rev up shale gas drive, wean itself off imports amid U.S. trade row

China aims to slash its growing dependence on gas imports by boosting domestic projects like shale fields as the security of its energy supply comes under the spotlight amid a festering trade war with the United States.The row with Washington has overshadowed China’s economy, likely slowing gas demand growth considerably this year, a new government research report shows. But Beijing is funding new efforts to boost domestic production, particularly from so-called unconventional sources like shale gas, as weaning China off its import reliance takes on new importance.The report, released on Satur

2019-09-06

ECF China Shale Weekly Review - September 1, 2019

ECF China Shale Weekly Review - September 1, 2019

【ECF News】6240 meters - China's deepest shale gas well fracturing completed

On August 21st, Zu-206 well's fracture was completed by Sinopec Zhongyuan Petroleum Engineering Co., Ltd. The well is 6,240 meters deep and is the deepest shale gas well in China.Zu-206 Well is a shale gas evaluation well deployed by PetroChina Chongqing Shale Gas Exploration and Development Co., Ltd. in the Mituo slanting field in Yuxi block. The purpose of the well is to evaluate the shale reservoir distribution and development characteristics of the 4500 meter deep and shallower Wufeng Formation and Longmaxi Formation shale quality, gas-bearing and storage conditions.

China Shale Gas 2019-08-30

【ECF News】Sinopec won bidding for China National Energy Administration's study project of shale oil development analysis

According to the announcement released by the National Energy Administration on Thursday, the winning bidder for the second batch of research projects in the 2019 energy strategic planning work was identified.One of the 12 research projects involved the topic of shale oil. Sinopec Petroleum Exploration and Production Research Institute won the bid for the project“China Shale Oil Development Potential Analysis and Work Suggestions”.

2019-08-30

【ECF News】Hunan Xuefeng Paleoland Peripheral Shale Gas Survey Well Starts Drilling

On August 15th, China Geological Survey Wuhan Geological Survey Center's Xuefeng Paleoland Peripheral Shale Gas Investigation Project - Drilling Project of Xianglin 1 Well started drilling.The Xianglin 1 well drilling project is located in Linyi County, Changde City, Hunan Province, with a designed well depth of 2,850 meters. The goal of drilling is to explore the shale gas of the Lower Cambrian Niutitang Formation in the northern margin of Xuefeng Mountain, and to obtain key evaluation parameters such as shale reservoir performance, mechanical properties and gas-bearing properties through the

New law gives China’s regions power to tax resources

Chinese legislators have approved a law that will give local governments the authority to tax as many as 164 resources, including fossil fuels, minerals and eventually water, the Ministry of Finance said on Monday.The National People’s Congress, China’s top legislature, approved the resource tax law, which would take effect in September next year, the ministry said.Officials said it would not raise the overall taxes on local companies.Major resources such as crude oil or rare earths would remain subject to a fixed tax rate set by the central government, but local authorities would be able to a

China Policy 2019-08-29

Can China Double Its Gas Output By 2040?

China is set to double its natural gas production by 2040, but challenges in developing shale gas resources have led to a lower production outlook and expectations of more imports in the long term, Wood Mackenzie said on Wednesday. China’s domestic natural gas supply is forecast to double to 325 billion cubic meters (bcm) in 2040 from 149 bcm in 2018, according to Xueke Wang, a consultant at Wood Mackenzie. Yet, this latest forecast for 2040 is 39 bcm lower than WoodMac’s previous outlook, mostly dragged down by lowered forecasts for shale gas and coal bed methane (CBM) production, Wood Macke

China Natural Gas 2019-08-29

【ECF News】Because you're worth it! CNPC launches three-star shared apartment for oilfield workers

Because you're worth it

ECF China Shale Weekly Review - August 25, 2019

ECF China Shale Weekly Review - August 25, 2019

【ECF News】Shengli Oilfield Shale Oil Exploration - Yiyeping 1 Well Starts Drilling

At 4 am of August 10, Yiyeping 1 well officially started drilling operation. The Yiyeping 1 well is located in the Yi 17 fault zone of Bonan Depression of Zhanhua Depression in Shengli Oilfield, Shandong Province. This layer has obtained high-yield industrial oil flow and has good production capacity. In 2019, Shengli Oilfield Exploration and Development Research Institute has formed a shale oil evaluation parameter system and evaluation ideas through the research of shale oil basic geological research. According to the deployment idea of interlayer shale oil first and matrix type later, Shen

Huadian’s exit puts NOCs in shale gas driving seat

State-owned power utility China Huadian’s exit from shale gas licences it won in late 2012 could prompt other companies to reconsider entering China’s shale gas sector and the wider upstream segment.China Huadian has reportedly handed back acreage that it won in China’s second shale gas exploration licensing round held in late 2012.

China Shale Gas 2019-08-23

【ECF News】Changqing Oilfield built China's largest shale oil development area

By early August, 319 horizontal wells were drilled and 73 wells were put into operation at Longdong Shale Oil Demonstration Area in Gansu Provinde during 2018-2019.The cumulative production of crude oil in 2019 has exceeded 100,000 tons.It marks the initial establishment of China's largest shale oil national demonstration base in Changqing Oilfield.Changqing Oilfield started its tight oil (shale oil) development in September 9.Technology & DevelopmentAll horizontal wells have been deployed in large well clusters. The average number of horizontal wells in a single platform has been increased fr

【ECF News】80 wells are estimated to be put into operation at Guizhou Zheng'an Shale Block in 2028

According to a shale gas development plan released recently by Guizhou Wujiang New Energy Development Company, there will be totally 80 new wells being put into operation by 2018 with accumulated gas production at 5.3 bcm.The Zheng'an shale gas exploration block is located in Zhengan County, Zunyi City, Guizhou Province, with a 59.1 km2 shale gas sweet-spot in Wufeng-Longmaxi Formation. 10 well platforms have been designed in the sweet-spot with a total deployment of 83 wells (63 wells in the Wufeng-Longmaxi Formation and 20 wells in the Shiniulan Formation). 12 pilot-oriented test wells will

ECF China Shale Weekly Review - August 18, 2019

ECF China Shale Weekly Review - August 18, 2019

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