Nano Smart Oil Achievement | ECF Weekly
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ECF China Shale Week Report - Nov 8, 2025
On October 14, Sinopec Chairman and Party Secretary Hou Qijun presided over the company’s Q3 economic analysis meeting, reviewing operations and setting priorities for the final quarter. Hou urged thorough implementation of President Xi Jinping’s key instructions, emphasizing safety, stability, and efficiency as the year-end approaches. He called for stronger cost control, loss management, and risk prevention, while advancing safety, environmental protection, and innovation. Hou also stressed the need to align the upcoming “15th Five-Year Plan” and 2026 action plans with national strategies to ensure a solid start to the new development phase.
CNPC Achieves Breakthrough in Nano Smart Oil Displacement
Sichuan Launches Shale Gas Test at Chuanzhao-1 Well The Chuanzhao-1 formation gas-bearing test project, led by the Chengdu Geological Survey Center of the China Geological Survey, has officially begun in Zhaojue County, Sichuan Province. Following significant shale and tight gas discoveries in the Baiguowan Formation and a successful ignition test, the current phase focuses on production testing of the first section of tight sandstone reservoirs. The project aims to achieve industrial gas flow breakthroughs in new zones, provide geological data for oil and gas exploration in the Xichang Basin, and support the construction of the Southwest China oil and gas resource base. Its outcomes are expected to drive new exploration efforts, strengthen local economies, and promote rural revitalization.
CNOOC Wins OTC Brazil Award On November 3, CNOOC announced that its independently developed “Haiheng” FLAT PRO wide-temperature-range rheology-stable synthetic-based drilling fluid system won the 2025 OTC Brazil New Technology Award. The system maintains stable flow performance between -10°C and 180°C under extreme conditions, enabling safe and efficient operations in ultra-deepwater, ultra-deep, and cold environments. Regarded as the “Oscars” of offshore energy technology, the award marks CNOOC’s third consecutive OTC win, showcasing China’s progress from follower to peer in deepwater drilling technology. The “Haiheng” series, already applied globally at depths over 2,600 meters, strengthens China’s innovation in deep-sea oil and gas exploration.
