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

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

China's Xinchao Energy Jumps as It Snaps Up Another Texas Oil Field for USD420 Million

China's Xinchao Energy Jumps as It Snaps Up Another Texas Oil Field for USD420 MillionShandong Xinchao Energy Corp.’s stock price leapt today on the news that the US unit of the Chinese oil and gas developer will pay USD420 million for an oil and gas field in Texas to expand its energy assets in the region.

China Shale Oil China Investment China Exploration 2021-02-04

Shale Oil to Receive Priority in 5-year Plan for Lower Fuel Imports

A Sinopec technician inspects shale gas facilities in Chongqing.

China Oil Import China Shale Oil China Exploration 2021-02-04

China’s Unconventional Challenge Spurs New Thinking on Shale and Tight Reservoirs

China is trying enhanced- hydraulic-fracturing technology and real-time data analysis in the Sichuan shale basin.

China Exploration China Shale Gas 2021-02-03

ECF China Shale Weekly Review - Jan. 31st

Policy & Industry1.Chinese majors to struggle to extend shale gas boom beyond 2025, Chinese oil majors will struggle to extend fast growth in shale gas production beyond 2025, as complex geology and failure to draw in more investors make it expensive to develop the unconventional resource. That would be a blow to China’s efforts to cut its reliance on gas imports, presently 42% of total consumption. 2. Xi'an Jiaotong University Launches "Basic Research on Controllable Shock Wave Fracturing Technology for Shale Oil Development", According to reports, the "Basic Research on Controllable Shock Wa

ECF China Shale Gas 2021-02-01

Shanxi Listed for Sale of Coalbed Methane in Goaf

On January 25, news came from the Shanxi Provincial Department of Natural Resources.

China Policy China Exploration CBM 2021-01-29

Why China Can’t Replicate America’s Shale Boom

China has been betting big on developing its shale gas resources, driven by surging natural gas demand and efforts to boost energy security.

Global Market China Oil Exploration China Shale Gas 2021-01-28

Xi'an Jiaotong University Launches "Basic Research on Controllable Shock Wave Fracturing Technology for Shale Oil Development"

On January 23, Xi’an Jiaotong University presided over the launch and implementation plan demonstration meeting of the national key research and development plan "Transformative Technology Key Scientific Issues" key special "shale oil development controllable shock wave fracturing technology basic research" project.

China Shale Oil China Oil Exploration 2021-01-28

Analysis: Chinese Majors to Struggle to Extend Shale Gas Boom Beyond 2025

Chinese oil majors will struggle to extend fast growth in shale gas production beyond 2025, as complex geology and failure to draw in more investors make it expensive to develop the unconventional resource.

China Exploration China Shale Gas 2021-01-27

Southwest Oil & Gas Branch Opens Up New Ground for Shale Gas Exploration

Southwest Oil and Gas Branch is fighting a battle for high-quality exploration.

China Exploration China Shale Gas 2021-01-22

China Begins Scheme to Produce Hydrogen From Shale Gas

China has embarked on a new scheme to produce grey hydrogen from shale gas, which will include building hydrogen filling stations and other facilities.The hydrogen produced from shale gas will be so-called "grey hydrogen", as no carbon capture and storage is planned as part of the scheme.

gas trade China Shale Gas 2021-01-21

High production of the first ultra shallow shale gas platform in Haiba block of Zhejiang Oilfield

On January 18, well 1 and well 3 of the first ultra shallow shale gas YS153H1 platform, which was provided by CNPC Chuanqing drilling engineering company with "integrated design and construction" general contracting service, initially measured production of 28000-44000 m3 / D, with remarkable stimulation effect.YS153H1 platform is a development well deployed by Zhejiang oilfield of PetroChina in the core area of xuyonghaiba block, with a vertical depth of only 450-750m. Whether this fracturing reconstruction can achieve a breakthrough is related to the next production capacity construction of

CNPC China Shale Gas 2021-01-20

ECF China Shale Weekly Review - Jan. 17th

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. China’s Shale Gas Boost to Benefit Services Firms, PetroChina and Sinopec plan to continue to boost shale gas exploration in 2021. Sinopec may raise output at its flagship Fuling project in southwest China's Chongqing from 6.7bn m³/yr last year to 7bn m³/yr this year, as part of a broader strategy to focus on gas. PetroChina said this month it produced 11.6bn m³ of shale gas from southwest China last year, up by

ECF China Shale Gas 2021-01-18

1.128 Million! Three-dimensional Exploration of Well Jiaotan 1 in Taihe Gas-bearing Area in the Northern Part of the Central Sichuan Paleo-uplift Made Another Major Breakthrough

On January 12, PetroChina Southwest Oil & Gas Field Company held the 2021 exploration work meeting in Chengdu.

China Exploration China Shale Gas 2021-01-14

Does China Need More Gas From Russia and Central Asia?

China’s commitment to full carbon neutrality by 2060 means that the country needs to reduce the consumption of all fossil fuels, including natural gas. What does that mean for Russia and Central Asia?Alexander Ryumin / TASSChinese President Xi Jinping announced to the UN General Assembly in September 2020 that in 40 years, China would achieve carbon neutrality. According to the road map prepared by China’s climate scientists, by 2060 the country will reduce oil consumption by 65% and natural gas consumption by 75%. Such plans jeopardize the future of large-scale gas pipeline projects to bring

China Gas Import 2021-01-13