【ECF Mews】China Oil & Gas in 2018: shale gas exploration and development progressed smoothly; oil & gas exploration investment continued to rise

China's Ministry of Natural Resources released "National Oil and Gas Resources Exploration and Production Report (2018)" on Monday, concluded the country's oil & gas exploration and production status for the past year.1. Oil & gas exploration and mining investment continued to riseIn 2018, the investment in exploration and production of oil and gas (including oil, natural gas, shale gas, coalbed methane and natural gas hydrate) was 63.658 billion yuan and 203.106 billion yuan, up 8.9% and 24.7% year-on-year. 44,000km of 2D seismic survey was applied with an annual increase of 13.5%. 34,000 squ

ECF China Shale Weekly Review - July 14, 2019

ECF China Shale Weekly Review - July 14, 2019

【ECF News】Accelerated technological innovation in the oil and gas industry

Author: Lv Jianzhong, Deputy Director, CNPC Economics & Technology Research InstituteAs the pace of global energy transformation continues to accelerate, the international oil and gas industry is entering an important turning point and facing a historic choice of technology-led future. International oil companies and service companies are increasingly taking technological innovation as the company's power source and lifeline. In particular, more emphasis is placed on the practicality and pertinence of technology, the drive for value creation, collaborative innovation and cross-border cooperati

Tech CNPC ECFShale Opinion 2019-07-12

【ECF News】PetroChina & Sinopec signed another major framework deal to promote oil & gas production

On July 8, PetroChina and Sinopec signed a joint research framework agreement for Tarim Basin, Junggar Basin and Sichuan Basin, involving 81 exploration rights at total acrage of 305,800 square kilometers.Under the framework agreement, affiliated companies of the two oil majors signed three joint research agreements in the Tarim Basin, the Junggar Basin and the Sichuan Basin. This marks a new phase of cooperation between the two parties in the field of oil and gas exploration technology.Just a few days ago, two oilfield companies of PetroChina and Sinopec signed a strategic alliance cooperatio

CNPC Sinopec ECFShale 2019-07-09

ECF China Shale Weekly Review - July 7, 2019

Policy & Regulation1. China to Ease Ownership Rules on Oil Exploration, City GasChina is easing foreign access to a range of industries including oil, mining and city gas pipelines as the government follows through on pledges to open up to overseas investors.China will scrap the need for joint ventures in oil and gas exploration, and for domestic control of gas networks in cities with more than 500,000 people, the National Development and Reform Commission said on its website Sunday. The statement formed an update to the commission’s so-called negative list of industries where overseas investo

【ECF News】Enlightenment from deep shale gas exploration in Sichuan Basin

The middle and shallow layers are the main battlefields for North American shale oil and gas development. although the proportion of deep shale gas resources is small, but the exploration and development effect is the best in the United States - Haynesville deep shale gas single well EUR (final recoverable reserves) reached more than 500 million cubic meters after 2016.China's shale gas development should focus on deep layers. However, the only deep formation that achieved large-scale commercial production is the marine Wufeng Group Longmaxi Formation in the Sichuan Basin. It is older than the

ECF China Shale Weekly Review - June 23, 2019

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 & Regulation1. MOF: Unconventional Gas Development will gain subsidies from new special fundAccording to a notice released by China's Ministry of Finance on June 11, several new supplement rules of the Renewable Energy Development Special Fund were cofirmed, including the subsidies for unconventional gas development.The Special Fund includes supportive reward fo

【ECF News】China Honghua Group develops integrated green shale gas solution

Honghua Group releases an overall solution for shale gas development, which can greatly reduce noise and other pollution. In 2009, Honghua Group learned from the successful experience of shale gas development in the United States and began research on shale gas development based on the characteristics of China shale gas. Honghua Group has now become China's largest exporter of oil rigs and one of the world's largest manufacturers of land oil rigs.At OTC2012 in Houston, Honghua Group released an integrated shale gas solution and supporting equipment with the core concept of electric combination

Call for Innovators: ECF2019 Shale Technology Showcase

Seeking new shale oil & gas technologies

ECF China Shale Weekly Review - June 16, 2019

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: ecfenergyExploration & Production1. Sinopec drilled a continental shale gas horizontal well in Songliao BasinRecently, Sinopec Northeast Oil & Gas Company completed drilling Liye 1 HF well, an pre-exploration well deployed in the Sujiatun sub-sag of the Lishu fault depression in Songliao Basin. The drilling depth was 4,630 meters.This is the first continental shale gas horizont

【ECF News】PetroChina succeeded in the first domestic CO2/sand dry-fracturing

On May 14th, news came from the construction site of the Shuang 167 well in Changqing Oilfield that the first domestic carbon dioxide dry sand SRV fracturing was a great success, achieved a single well sanding volume of 45.2 cubic meters and a construction displacement of 6 cubic meters per minute, marking a new era of “waterless fracturing” in China.This is the first apply of CO2/sand dry-frac technology in the Yulin area of Changqing gas field. From the aspect of fracturing transformation, the technology broke through the limitations of the original stratification tools, allowing the carry o

2019-06-13

PetroChina Xinjiang Oilfield produces over 100 million tonnes of heavy crude oil boosted by innovative technologies

The Xinjiang branch of PetroChina, China's largest oil and gas producer, said it had so far churned out more than 100 million tonnes of heavy crude oil, thanks to its innovative technologies.The Xinjiang Oilfield Company said that it produced 4.32 million tonnes of heavy crude oil last year and has become China's largest production base for high-quality naphthenic base heavy oil, a rare raw material for industrial products such as rocket propellant and cold-resistant engine oil.Qian Genbao, chief technical expert with the company, said that technological innovations have helped the company rai

2019-06-11

【ECF News】ECF China Shale Weekly Review - June 9, 2019

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: ecfenergyExploration & Production1. Sinopec drilled a continental shale gas horizontal well in Songliao BasinRecently, Sinopec Northeast Oil & Gas Company completed drilling Liye 1 HF well, an pre-exploration well deployed in the Sujiatun sub-sag of the Lishu fault depression in Songliao Basin. The drilling depth was 4,630 meters.This is the first continental shale gas horizont

【ECF News】Issues of Horizontal Well Log Interpretation: An Example Longmaxi-Wufeng Shale in Fuling Gas Field of Eastern Sichuan Basin

Guochang Wang1, Shengxiang Long2, Yiwen Ju3,4, Cheng Huang3,4, and Yongmin Peng2 Search and Discovery Article #42375 (2019)** Posted May 27, 2019 Adapted from poster presentation given at 2018 AAPG 47th Annual AAPG-SPE Eastern Section Joint Meeting, Pittsburgh, Pennsylvania, October 7-11, 2018Abstract The wireline logs in horizontal wells provide a great opportunity to estimate the lateral variation of reservoir properties. This is a big benefit compared to the log data from vertical wells. But the interpretation of horizontal well log data also brings many new issues. One major issue arises f

【ECF News】ECF China Shale Weekly Review - June 2, 2019

Energy China Forum releases weekly review of China shale gas updates every Sunday. For more China shale gas information, please contact ECF editor. Energy China Forum WeChat: chinashalegasEditor WeChat: ecfenergyEXPLORATION & PRODUCTION1. PetroChina accelerates shale oil exploitation in XinjiangThe Xinjiang branch of PetroChina, China's largest oil and gas producer, said Thursday that they had sped up the exploitation of shale oil in a large deposit this year.The Xinjiang Oilfield Company said they had drilled 47 wells in the Jimsar shale oil reservoir, containing about 1 billion tonnes of oi

【ECF News】Key technology system for the development of shale gas in southern Sichuan

On May 28, news came from PetroChina Sichuan-Chengdu Shale Gas Frontline Command that PetroChina formed a key technical system for shale gas development in southern Sichuan. New generation technology for 3,500- meters engineering has been developed, while new tech breakthrough for 3,500+ meters engineering has been achieved. This provides important technical support for large scale and efficient development of shale gas in southern Sichuan.Since 2010, PetroChina continued to explore, innovate and practice, and upgraded its process technology for 3,500- meters shallow resources. The single well

Spotlight: Technology, innovation highlighted by Chinese firms at Offshore Technology Conference

Technology and innovation were highlighted at the just-concluded four-day Offshore Technology Conference (OTC) here, as Chinese participants hope to gain experiences and grow business.At the OTC, product samples, multimedia displays and scale models were seen everywhere, used by companies to showcase their latest products and technologies to attract opportunities.Zhou Jianliang, deputy general manager of China National Offshore Oil Corporation's Sci&Tech Development Dept., told Xinhua that his company is committed to strengthening international technological exchanges and cooperation to be mor

Tech 2019-05-10

CNOOC to strengthen technology interchange, collaboration: company leader

China National Offshore Oil Corporation (CNOOC) is committed to strengthen international technology interchange and collaboration to be more competitive in the global market, a Chinese energy industry insider said Tuesday in Houston, Texas, the United States.Zhou Jianliang, deputy general manager of CNOOC Sci&Tech Development Dept., made the remarks at the Offshore Technology Conference (OTC) that kicked off in Houston on Monday.Interviewed by Xinhua, Zhou said the core competitiveness of energy companies mainly depends on resources, technology and market with technology as the most important

Tech CNOOC 2019-05-10

Is China’s plan to use a nuclear bomb detonator to release shale gas in earthquake-prone Sichuan crazy or brilliant?

China is planning to apply the same technology used to detonate a nuclear bomb over Hiroshima during the second world war to access its massive shale gas reserves in Sichuan province. While success would mean a giant leap forward not only for the industry but also Beijing’s energy self-sufficiency ambitions, some observers are concerned about the potential risk of widespread drilling for the fuel in a region known for its devastating earthquakes.Despite being home to the largest reserves of shale gas on the planet – about 31.6 trillion cubic metres according to 2015 figures from the US Energy

Jereh Unveiled New Electric Fracturing Solution at OTC 2019

Jereh Group unveiled its latest electric fracturing solution at OTC 2019 ( May 6 - 9 ) in Houston .Known as SEER Fleet, Jereh electric fracturing fleet is named after its design concepts and features "Safe, Eco-friendly, Economical and Reliable" according to Max Liu , President of North American region. As indicated by E&P Magazine, a conventional fracturing fleet is usually powered by over twenty large diesel engines up to 2,500 BHP each, which usually comes with PAH emission, noise pollution, larger footprint, high fuel and labor cost. To overcome the challenges, Jereh recently held a grand

Tech China Shale Gas 2019-05-08
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