Chinese gas discoveries hit 10-year low in 2017

The volume of proven gas reserves discovered by China fell to a 10-year low of 555.38 billion cubic metres in 2017 as a result of a sharp drop in exploration investment since 2015, according to the Ministry of Land and Resources.

China Natural Gas 2018-07-19

Highlight - ECF China Shale Gas Weekly Review - Jul 13, 2018

Highlight - ECF China Shale Gas Weekly Review - Jul 13, 2018

Shale gas reserves in China are growing by 62%

The natural shale gas reserves in China currently exceed 1 trillion cubic meters. Last year, newly discovered and proven oil fields fell to 877 million tonnes, compared to 1.552 billion tonnes in 2012. And for natural gas, new inventories of raw materials have fallen for the past five years from 961

China Shale Gas 2018-07-13

Changbei and South Sulige fields produce 50% of 2018 targets

China’s Changbei tight gas field had produced 1.8 billion cubic metres of gas in 2018 as of 25 May, while the South Sulige tight gas field had produced 1 bcm as of 6 June, China National Petroleum Corp. (CNPC) said last week.

China Natural Gas 2018-07-12

Sinopec halts four gas wells in Shaanxi after water contamination investigation

Sinopec has halted drilling four wells in a gasfield near the city of Yulin in Shaanxi province, following a government investigation into water contamination in a village nearby, the company said via its official Weibo account on Sunday night.

News Not to Miss: ECF China Shale Gas Weekly Review - Jul 9, 2018

ECF China Shale Gas Weekly Review - Jul 9, 2018

China Shale Gas 2018-07-09

New gas field to help meet domestic demand

Construction of China’s first self-supporting deepwater gas field has started in order to further tap oil and gas resources in the South China Sea and meet huge domestic gas demand, according to China National Offshore Oil Corporation (CNOOC), the nation’s largest producer of offshore oil and gas.

China Natural Gas 2018-07-09

CNPC, ADNOC Close To Signing Exploration, Refining Deal

China National Petroleum Corporation (CNPC) and the Abu Dhabi National Oil Company (ADNOC) are expected to sign as early as this month a preliminary deal to invest in oil and gas exploration and refining, Reuters reported on Friday, quoting sources in the know, including CNPC officials.

CNPC 2018-07-09

CNOOC's new gas field to help meet domestic demand

Construction of China's first self-supporting deepwater gas field has started in order to further tap oil and gas resources in the South China Sea and meet huge domestic gas demand, according to China National Offshore Oil Corporation, the nation's largest producer of offshore oil and gas.

South China Sea site to lead gas hydrate drive, commercial production far off

A site in Nansha, the southern South China Sea, has been chosen as the research base for exploring natural gas hydrate, known as combustible ice, a move analysts said on Thursday marking a step forward for industrialization of the resources.

Gas Hydrates 2018-07-06

Mahe gas field output hits 8.3 bcm

The Mahe gas field operated by China National Petroleum Corp.’s (CNPC) Xinjiang Oilfield subsidiary has produced 8.3 billion cubic metres of gas since it went online in November 2007, CNPC said on Tuesday.

China Natural Gas 2018-07-05

CNOOC Signs a PSC with Roc Oil and Smart Oil

CNOOC Limited has announced that its parent company, China National Offshore Oil Corporation (CNOOC), has signed a production sharing contract (PSC) with Roc Oil (Bohai) Company (Roc Oil) and Smart Oil Investment Ltd. (Smart Oil) for Weizhou 10-3W oilfield and Block 22/04 (contract area) in the Sout

CNOOC signs production sharing agreement with Roc Oil and Smart Oil

CNOOC Limited announced today that its parent company, China National Offshore Oil Corporation (CNOOC), has signed a production sharing contract (PSC) with Roc Oil (Bohai) Company (Roc Oil) and Smart Oil Investment Ltd. (Smart Oil) for Weizhou 10-3W oilfield and Block 22/04 in the South China Sea.

2018-07-04

Changqing Oilfield targets gas output of 38 bcm in 2018

China National Petroleum Corp.’s (CNPC’s) Changqing Oilfield subsidiary aims to produce 38 billion cubic metres of gas this year to ensure enough supply for the coming winter heating season, according to CNPC.

CNPC China Natural Gas 2018-07-03

China’s deepest gas field

​A driller operates at the Yuanba gas field in Southwest China's Sichuan Province. The gas field, the deepest in the country, is Chinese oil firm Sinopec's second-largest high-sulfur natural gas reservoir, which contains 230 billion cubic meters of proven reserves. In operation since December 2014,

China Natural Gas 2018-07-03

Sichuan Shale and The Chinese Appetite for Clean Fuel

The People’s Republic of China has set for itself a target of producing 30 billion cubic meters (bcm) per year of natural gas from shale by 2020, and further out, a target of 80 to 100 bcm by 2030.These are very ambitious numbers, especially since the shale gas industry in the PRC has gotten off to a somewhat disappointing start. The goal that the country’s Ministry of Land Resources set for 2015 was 6.5 bcm, but actual production that year was only 4.5 bcm, or 44% short of plan.Nonetheless, shale gas production surged by 76.3% in 2016, putting it at 7.9 bcm. It rose again in 2017, to 9 bcm.

China Shale Gas 2018-07-01

China Focus: Geophysical exploration sheds light on ancient Silk Road state

Guo Ziqi, a scientist who usually searches for oil and minerals deep below ground, has been helping shed light on an ancient state buried along the Silk Road.

Mongolia produces over 3 mln barrels of crude oil in H1

Currently, Mongolia exports crude oil to China and imports petroleum products from Russia.

Global Market 2018-06-28

Daqing Oilfield output to hit 2.1 bcm for H1

China National Petroleum Corp.’s (CNPC’s) Daqing Oilfield has produced around 2 billion cubic metres of gas and sold 1.3 bcm this year as of 19 June, CNPC said on Tuesday.

China Natural Gas 2018-06-27

CNOOC’s Lingshui project facing market bottleneck

China National Offshore Oil Corp. (CNOOC) officially kicked off development of its first wholly owned and operated deepwater project last week, but there are concerns it may struggle to find a market for the produced gas.

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