Sinopec: Cooperate to promote shale gas exploration and development in Western Hubei and strive to build 1 bcm of production capacity in the "14th five year plan"

On June 3, the State-owned Assets Supervision and Administration Commission of the State Council and the Hubei Provincial Government jointly held a video conference of central enterprises to help revitalize development after the Hubei epidemic. This includes cooperation to promote the exploration and development of shale gas in western Hubei, and strive to build a capacity of 1 billion cubic meters in the "Fourteenth Five-Year Plan", while accelerating the construction of Jianghan salt cave natural gas storage.

Sinopec China Shale Gas 2020-06-04

The daily gas production of Changning shale gas block in southwest oil and gas field exceeds 15 mcm

On May 31, the company's Changning shale gas block produced 15.02 mcm of gas per day, breaking the 15 mcm mark, a record high.The Changning Shale Gas Block spans 4 counties including Changning County, Gong County, Xingwen County, and Junlian County in Yibin City, Sichuan Province, and is the first shale gas well in my country with commercial value. In May last year, the daily output of the block reached 10.06 mcm, entering a new era of daily output of 10 mcm. In May of this year, the block hit another record high in daily gas production

China Shale Gas 2020-06-02

ECF China Shale Weekly Review - May 31

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. Energy China Forum WeChat: chinashalegasEditor WeChat: ecfenergyPolicy & Industry1. Shanxi "coal formed gas" mining approval speed up, On May 25, a message came from the Department of natural resources of Shanxi Province. In order to solve the problems of many functional departments and management levels involved in the approval of coal-fired gas projects in Shanxi Province, and the project approval cycle is still too long, the app

ECF China Shale Gas 2020-06-01

Sinopec Southwest oil and gas shale gas daily production exceeds 2 million cubic meters

On May 19, the reporter learned from Daqing oil field that the development of tight oil in Daqing Oilfield is being carried out in an all-round and efficient way this year, with 115 wells planned to be put into production by the end of the year. Longxita block 21-4 of Daqing Oilfield, as a key benefit demonstration area for tight oil production in Daqing Oilfield, produced 91200 tons of oil last year. In block 21-4, 189 wells were fractured accumulatively last year. Compared with the conventional production capacity construction mode, the market operation saves 554 million yuan. The financial

Sinopec China Shale Gas 2020-05-29

The largest shale oil demonstration base in China to realize scale benefit development

The largest shale oil demonstration base in China to realize scale benefit development

China Shale Oil CNPC 2020-05-28

Sinopec West Sichuan continental gas field has a total production of 52 bcm

On May 22, it was learned from Sinopec that the West Sichuan continental gas field of Sinopec Southwest oil and gas company, the most narrow channel tight gas field in China, has produced more than 52 bcm of gas, and has achieved stable production of more than 2 bcm for 15 consecutive years. At present, the gas field has a daily gas output of 6.54 mcm, which can meet the daily gas demand of about 13 million households.

Sinopec China Shale Gas 2020-05-27

ECF China Shale Weekly Review - May 24

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. Energy China Forum WeChat: chinashalegasEditor WeChat: ecfenergyPolicy & Industry1. CNPC adjusts its business scope! Recently, CNPC announced that according to the actual situation of the company's business development, in order to meet the needs of oil and gas resources, geothermal resources exploration and exploitation, production and operation of some refining and chemical products, and meet the operation requirements of PetroCh

ECF China Shale Gas 2020-05-25

High-yield gas wells in Gaomo area of Southwest oil and gas fields

On May 16, Gaoshi 132 well of CNPC Southwest Oil and Gas Field Company obtained a high-yield industrial gas flow with a daily output of 696,600 cm.

China Exploration CNPC 2020-05-21

Xinjiang oil and gas exploration has made a major breakthrough

On May 14, Great good news came from the oil and gas exploration in Shawan sag of Junggar basin. The key pre exploration well chepai 24 has a high yield of 100 tons. At present, the daily oil output is 150.5 cubic meters and the daily gas output is 166 thousand cubic meters. It further shows the great potential of exploration in Shawan depression.

China Exploration CNPC 2020-05-19

ECF China Shale Weekly Review - May 17

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. Energy China Forum WeChat: chinashalegasEditor WeChat: ecfenergyPolicy & Industry1. Officially implemented! The Ministry of Natural Resources publishes "Opinions on Promoting the Reform of Mineral Resources Management (Trial)", On May 1, the "Opinions on Promoting Reform of Mineral Resources Management (Trial)" (hereinafter referred to as "Opinions") issued by the Ministry of Natural Resources was formally implemented. This reform

CNPC 2020-05-18

Wei 202h-19 platform has a test daily output of 1.823 mcm

On May 9, CNPC Chuanqing Drilling Company Weiyuan shale gas development block Wei 202H-19 platform 4 wells achieved high output, the test daily output totaled 1.823 million cubic meters. The daily test output of wells 5, 6, 7, and 8 of the platform were 418,000 cubic meters, 402,000 cubic meters, 588,000 cubic meters, and 415,000 cubic meters, respectively, and the average single-well test daily output was 456,000 cubic meters.The Wei 202H-19 platform is located in the core shale gas production area of Weiyuan. Four wells started fracturing on December 28, 2019, and completed fracturing on Mar

China Exploration China Shale Gas 2020-05-15

The first shale gas field in China has a cumulative production of more than 30 billion cubic meters

On May 11, the cumulative output of Fuling shale gas field, Sinopec Jianghan Oilfield, the first shale gas field in China, exceeded 30 billion cubic meters, creating a new record of cumulative production of shale gas in China. At present, the gas field has a daily production of 17 million cubic meters, which can meet the domestic gas demand of 34 million households every day.

China Exploration Sinopec China Shale Gas 2020-05-12

ECF China Shale Weekly Review - May 10

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. Energy China Forum WeChat: chinashalegasEditor WeChat: ecfenergyPolicy & Industry1. Sinopec Puts China's Largest Petrochemical Port into Operation, ZHANJIANG, China, May 9, 2020 /PRNewswire/ -- Sinopec Corp (HKG: 0386), China's leading energy and chemical company, has put China's largest petrochemical port into operation with the successful docking and unloading of the New Renown, Crude Oil Tanker (VLCC) from the Middle East. The t

ECF China Shale Gas 2020-05-11

Insight from Shanghai: Can shale gas secure China’s energy security?

As China’s energy imports rise, so energy security climbs up the political agenda.In 2014 Xi Jinping, General Secretary of the Communist Party of China, outlined a long-term energy strategy that included strengthening the domestic and overseas supply of oil and gas.More recently, external pressures, notably a more bellicose United States, China’s key strategic competitor, have only heightened China’s vulnerability as energy imports continue to climb.It is against this backdrop that in July 2018, Xi Jinping called on China’s major oil and gas companies to take measures to boost domestic output

China Exploration China Shale Gas 2020-04-29

High production of well Yongye 9hf of Sinopec southwest oil and gas company

On April 17, Yongye 9hf well of Sinopec southwest oil and gas company completed 22 sections of large-scale fracturing construction, with daily production of 133600 cubic meters of natural gas, marking significant progress in shale gas exploration of high, steep and complex structures in Southeast Sichuan Basin.

Sinopec China Shale Gas 2020-04-21

ECF China Shale Weekly Review - April 19

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. Energy China Forum WeChat: chinashalegasEditor WeChat: ecfenergyPolicy & Industry1. CNPC: Accelerating digital transformation, On April 15, Dai Houliang, chairman of CNPC, presided over a meeting, listened to the report of CNPC's digital transformation and development framework, and arranged and deployed the key work of digital transformation. He stressed that we should thoroughly study and implement the spirit of speech by general

ECF 2020-04-20

China's first deep shale gas field with 100 bcm has been fully constructed

On April 14th, Sinopec announced that the Weirong shale gas field with proven reserves exceeding 100 billion cubic meters-China's first deep shale gas field development and construction project has now been fully rolled out, with an annual production capacity of 3 billion cubic meters after the project is completed , Equivalent to the annual gas consumption of 16 million households.The Weirong Shale Gas Field is located in Neijiang City and Zigong City, Sichuan Province, with an average burial depth of 3750 meters. It is a deep shale gas field. It has submitted 124.7 billion cubic meters of pr

2020-04-14

Southwest Petroleum Bureau made significant progress in shale gas exploration

Southwest Petroleum Bureau Yongye 9HF well completed large-scale fracturing construction and received 133,600 cubic meters of natural gas per day,

China Shale Gas 2020-04-14

ECF China Shale Weekly Review - April 12 2020

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. Energy China Forum WeChat: chinashalegasEditor WeChat: ecfenergyPolicy & Industry1.National Energy Administration Issues Energy Law of the People's Republic of China, On April 10, the National Energy Administration issued the "Energy Law of the People's Republic of China (Draft for Comment)". The enactment and implementation of the latest energy law will change the long-standing status of the lack of energy-based laws in China.(ECF

ECFShale 2020-04-13

Southwest oil and gas field sets new longest record of shale gas well in China

On April 4, the Ning 209H71-3 well of Southwest Oil and Gas Company completed drilling successfully. This well has a drilling depth of 4,850 meters and a horizontal section length of 3,100 meters. It is the first “long horizontal well” of CNPC shale gas exploration (horizontal well with a horizontal section length greater than 3,000 meters) , breaking the longest record in the horizontal section of Chinese shale gas well . The successful practice of this well indicates that Southwest Oil and Gas Field Company has successfully mastered the core drilling technology of shale gas ultra-long horiz

China Exploration CNPC 2020-04-09