Ten New Drilling Records of Jiaoye 107-1HF Well

Well Jiaoye 107-1HF is completed. The designed well depth is 5531m, the actual well depth is 5537m, the average penetration rate is 13.6m per hour, and the drilling cycle is 39.96 days, which breaks ten records of shale gas wells in the block, including the shortest drilling cycle, the highest foota

China Exploration China drilling 2022-09-25

21 Sinopec Technologies Were Selected into the Advanced Technology Catalog

The Ministry of Natural Resources issued the Catalogue of Advanced and Applicable Technologies for Saving and Comprehensive Utilization of Mineral Resources (2022 Edition), and 21 technologies of Sinopec were selected.

Tech Sinopec 2022-09-25

Fully Liberalize the Oil and Gas Exploitation Market in China

The Ministry of Natural Resources held a press conference to introduce the reform of the mining right transfer system, the reform of oil and gas exploration and production management, and the reform of reserves management.

China Economy China Policy 2022-09-18

Natural Gas of Jianghan Oilfield Has Exceeded 50 Billion Cubic Meters

As of September 8, the cumulative production of natural gas in Jianghan Oilfield has exceeded 50 billion cubic meters. At present, the daily gas production is nearly 20 million cubic meters.

China Gas 2022-09-18

New Proven Geological Reserves of Natural Gas in China are 1628.4 Billion Cubic Meters

The proportion of natural gas in the primary energy consumption structure has steadily increased, and the new proven geological reserves of natural gas in China are 1628.4 billion cubic meters.

China Gas China Economy 2022-09-11

PetroChina Continued to Improve in the First Half of the Year

In the first half of 2022, PetroChina realized an operating income of 1.6 trillion yuan and a net profit attributable to the shareholders of the parent company of 82.39 billion yuan.

PetroChina 2022-08-27

North China Oil and Gas Production This Year Has Exceeded 3 Billion Cubic Meters

As of August 12, North China Oil and Gas Company has produced 3.009 billion cubic meters of gas this year.

China Gas China Exploration 2022-08-23

Cumulative Gas Production of Xinsheng 201 Well Exceeds 10 Million Cubic Meters

As of August 16, the cumulative gas production of Xinsheng 201 well in Zhongjiang Gas Field has reached 11.26 million cubic meters since it was put into operation.

China Gas China Exploration 2022-08-20

CNOOC Increases Budget Expenditure and Expects to Increase Production in 2022

CNOOC increased its budget expenditure and is expected to increase production in 2022. CNOOC is expected to push 13 new projects into production this year.

Global Market CNOOC 2022-08-18

Sichuan Expands Energy Investment by Nearly 50 Billion Yuan

Sichuan's investment in energy projects in the first seven months was 49.3 billion yuan (+4.0% yoy). Among them, the investment in oil and gas projects was 15.9 billion yuan (+8.9% yoy).

China Investment China Energy 2022-08-16

Deepest Well of "Shendi No. 1" Reached 9300 Meters, Setting a New Record in Asia

Sinopec's "Shendi Project" has made a breakthrough. The Shunbei 803 inclined well test obtained high-yield industrial oil and gas flow, converted to 244.3 tons of crude oil and 970000 cubic meters of natural gas per day, and the oil and gas equivalent reached 1017 tons.

Sinopec China drilling 2022-08-12

Onshore Drilling Scale of CPTEC is the World's Largest

At present, ChinaPetroleum Technical Service Corporation (CPTEC) has become the one with the most complete business chain, the geophysical exploration service provider with the largest market share and the largest onshore drilling contractor in the world.

Service China Investment 2022-08-09

Annual Natural Gas Output of Southwest Oil and Gas Exceeded 5 Billion Cubic Meters

As of August 4, the Southwest Oil and Gas Company has produced 5.035 billion cubic meters of natural gas this year, an increase of 10% over the previous year, and the daily natural gas output has remained above 23 million cubic meters.

China Gas China Oil 2022-08-05

Shaanxi Province: 15billion Cubic Meters of Natural Gas Construction

The construction of Yanchang Petroleum production ,whose annual capacity is 15 billion m3, was held in Yan'an, Shanxi Province.

China Gas China Exploration 2022-07-25

Cumulative Production of North China Oil and Gas Filed Well J66-4-7 Exceeds 9 Million Cubic Meters

The cumulative gas production of well J66-4-7 of North China Oil and Gas Company exceeds 9million cubic meters. The well has been in continuous production for 390 days with stable production.

China Gas 2022-07-25

Half Year Net Profit of PetroChina Exceeded 80 Billion yuan, Half Year Net Profit of CNOOC Exceeded Last Whole Year

Half Year Net Profit of PetroChina Exceeded 80 Billion yuan, Half Year Net Profit of CNOOC Exceeded Last Whole Year

PetroChina CNOOC 2022-07-18

Changqing Oilfield and Tarim Oilfield Announced Production in the First Half of the Year

The two major oilfields of PetroChina announced their output in the first half of the year, of which Changqing Oilfield completed 32.9373 million tons of oil and gas equivalent in the first half of the year, an increase of 2.53% year-on-year.

China Gas China Oil 2022-07-07

Exploration of Ultra Deep and Ultra High Pressure Gas Field Technology in Tarim Oilfield

The Kara Keshen trillion cubic meter atmospheric area of Tarim Oilfield has produced 188.672 billion cubic meters of natural gas, equivalent to more than 150 million tons of oil and gas equivalent, equivalent to replacing more than 170 million tons of standard coal and reducing more than 185 million

China Gas China Exploration 2022-07-06

CNPC Headquarters Departments Reduced by 25% and Personnel Downsized by 10%

CNPC has established and improved a new organizational system, reducing headquarters departments by 25%, departments by 20% and personnel by 10%!

CNPC PetroChina 2022-06-30

Southwest Oil and Gas Company Produces More than 4 Billion Cubic Meters of Gas

As of June 26, PetroChina Southwest Oil & Gas Company had produced 4.12 billion cubic meters of natural gas, a year-on-year increase of 10.45%.

China Gas 2022-06-30