532,200! CNPC Southwest Oil and Gas Field Gaomo Block Deng 4 Gas Reservoir Phase II Development and Production Wells Completed Perfectly

On March 29, the Moxi 022-X40 well of PetroChina Southwest Oil and Gas Field Company obtained a daily output of 532,200 cubic meters of high-yield industrial gas.

China Exploration China Shale Gas 2021-04-01

ECF China Shale Weekly Review -Mar. 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.Dagang Oilfield and Xi'an Jiaotong University jointly attack the controllable shock wave reservoir reconstruction technology, On March 12, the signing ceremony of the Xi'an Jiaotong University-China Petroleum Dagang Oilfield Company's Controllable Shock Wave Reservoir Modification Technology Test Base Joint Construction Agreement was held in Tianjin Dagang Oilfield.2.The Southwest Oil and Gas Field signed a new ag

ECF China Shale Gas 2021-03-29

ECF China Shale Weekly Review -Mar. 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 & Industry 1.CNOOC and Petronas signed a strategic cooperation agreement, CNOOC Limited announced that it has signed a Memorandum of Understanding (MoU) for strategic cooperation with Malaysia's National Petroleum Corporation (Petronas). The two parties will strengthen cooperation in upstream exploration and other fields.2.CNOOC Needs to Double Down on Drilling and Deals in Carbon-cutting Gas Pivot, CNOOC plans to help cl

ECF China Shale Gas 2021-03-22

The Scale of Resources Exceeds 100 million Tons! Sinopec's Tarim Basin Exploration Has Made a Major Breakthrough!

Sinopec announced on March 15 that the Northwest Oilfield Branch of Sinopec has deployed Shunbei 42X, a key exploratory well in the Shunbei Oil and Gas Field in my country’s Tarim Basin.

Sinopec China Exploration China Shale Gas 2021-03-18

ECF China Shale Weekly Review -Mar. 14th

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 Says Filed With NYSE A Request For Review Of Determination To Delist ADS, CNOOC Ltd : FILED WITH NYSE A WRITTEN REQUEST FOR A REVIEW OF DETERMINATION BY A COMMITTEE OF BOARD OF DIRECTORS OF NYSE.REVIEW WILL BE SCHEDULED AT LEAST 25 BUSINESS DAYS FROM DATE REQUEST FOR REVIEW IS FILED.2.Support the construction of a comprehensive demonstration zone for shale gas exploration and development in western Hubei Re

ECF China Shale Gas 2021-03-15

881,000 +1.1134 million! Anyue Gas Field Acquires Two More High-yield Industrial Gas Wells

On March 5, the rolling evaluation well Moxi 021-H2 of the Moxi Longwangmiao Formation Gas Reservoir in the Anyue Gas Field of PetroChina Southwest Oil and Gas Field Company obtained a high-yield industrial gas flow of 8.88.1 million cubic meters per day and 1.4 million cubic meters of unobstructed flow, which is the Longwangmiao Formation gas.

China Exploration China Shale Gas 2021-03-11

ECF China Shale Weekly Review -Mar. 07th

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 & Industry 1.CNOOC with a market value of 300 billion yuan was forced to delist by the United States, and entrusted transactions were suspended on March 9, On February 26, local time, the New York Stock Exchange decided to officially start the formal delisting procedure of China National Offshore Oil Corporation (CNOOC) American Depositary Receipts (NYSE: CEO).2.The new process was successfully tested in the CBM marke

ECF Shale Gas 2021-03-08

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

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