【ECF Weekly】Sun Huanquan Leads Shale Oil Development Review

【ECF Weekly】Sun Huanquan Leads Shale Oil Development Review

Baoshi Develops China's First Titanium Alloy Coiled Tubing for Harsh Oilfield Conditions

Baoshi Pipe has completed China's first titanium alloy coiled tubing, achieving a key milestone in energy equipment innovation. The lightweight, corrosion-resistant, high-strength tubing is tailored for deep-sea and corrosive oilfield environments, offering enhanced performance and deployment depth

China Launches Deepest and Most Advanced Fault Zone Drilling Project

China has initiated its most ambitious fault zone scientific drilling project in Yunnan's Red River Fault Zone, aiming to reach a depth of 3,000 meters. The project will generate valuable core samples and subsurface data, advancing earthquake science and subsurface exploration through cutting-edge o

Sinopec Chief Scientist Calls for Integrated, Cost-Effective Shale Oil Development

Sinopec’s Chief Scientist Sun Huanquan visited Shengli Oilfield to assess shale oil development progress. He emphasized enhancing data accuracy, geological modeling, and unconventional technology integration. The visit underscored a push toward low-cost, high-efficiency, and scalable shale oil devel

CNPC Sets New Record with 2,500m Ultra-Long Horizontal Coalbed Gas Well

PetroChina's Changqing Oilfield has set new national records in onshore coalbed gas drilling with the completion of a 2,500-meter ultra-long horizontal well. This milestone showcases significant progress in technology and management for coalbed gas development in complex geological conditions. With

【ECF Weekly】Surge in Share Buybacks Signals Strong Market Faith

【ECF Weekly】Surge in Share Buybacks Signals Strong Market Faith

2025-04-12

Breakthrough CBM Extraction Tech Enhances Mine Safety and Efficiency

China Coal Tech's new CBM extraction system, featuring advanced drilling and fracturing technologies, has been applied in over 40 mines nationwide. It enhances gas recovery from complex coal seams and sets new records for deep CBM wells. The innovation marks a major step in safe, efficient, and gree

XCMG Modular Drilling Rig Powers Green CBM Development in Shenmu

XCMG’s XSM2250 modular drilling rig is accelerating CBM development in Shenmu City with daily drilling exceeding 600 meters. Designed for efficiency and mobility, it reduces setup time and costs while enhancing environmental performance. XCMG continues to innovate in green drilling technologies to s

Central SOEs Launch Billions in Buybacks to Stabilize China's A-Share Market

China's state-owned giants—including PetroChina, Sinopec, and CNOOC—have initiated large-scale share repurchases and stake increases totaling tens of billions of yuan. These moves, backed by Central Huijin and SASAC support, aim to stabilize capital markets, boost investor confidence, and reflect st

Western Sichuan Gas Field Surpasses 2 Billion Cubic Meters in Production

The Western Sichuan Gas Field has exceeded 2 billion cubic meters of gas output since its 2024 launch. The project emphasizes integrated gas extraction, purification, and delivery under complex geological and safety conditions. Innovative production, risk control, energy efficiency, and lifecycle ma

China Advances Core Sample Data Integration with National Scientific Drilling Project

China's core scientific drilling data initiative, launched in 2022 and led by the National Geoscience Sample Center, is building an integrated, multi-parameter core sample database. The 2024 review meeting confirmed major progress in data collection, integration, and visualization, and set the stage

【ECF Weekly】Digital Fracturing Boosted by CNPC and Huawei

【ECF Weekly】Digital Fracturing Boosted by CNPC and Huawei

Component Flow Key to Boosting China’s Shale Oil Recovery

China’s terrestrial shale oil output is rising, but recovery remains low due to the poor mobility of heavy hydrocarbons in nano-scale pores. Professor Zhao Wenzhi introduces the concept of “component flow,” where light and intermediate hydrocarbons help mobilize heavy components through miscibility.

Key Lab for Deep CBM Development Approved in Inner Mongolia

A key lab focused on deep coalbed methane (CBM) development has been approved in Inner Mongolia. Led by Peking University and joined by two other major universities, the lab will develop technologies and theories for efficient, large-scale CBM exploitation, supporting China’s dual carbon goals and r

CNPC Launches 1-Million-Ton CCUS Project in Xinjiang Oilfield

CNPC has launched construction of its first million-ton CCUS project at the Xinjiang Oilfield, aimed at capturing 1 million tons of CO₂ annually from a coal power plant. As part of China's low-carbon push, the project will support enhanced oil recovery (EOR) and help transition Xinjiang’s energy mix

Tuoha Oilfield Advances Ultra-Deep Heavy Oil Project Toward 10-Million-Ton Goal

Tuoha Oilfield has completed the first drilling of its ultra-deep heavy oil "Ballast Project" in Lukuqin, aiming for over 10 million tons in cumulative production. Known for its extreme depth and oil viscosity, the site presents a global extraction challenge. With only 7.49% of reserves tapped, the

Southwest Oil & Gas Field Advances Digital Fracturing Strategy with Huawei and CNPC

Southwest Oil & Gas Field collaborated with CNPC's research arm and Huawei to advance digital fracturing. The team assessed intelligent systems like TFOC and discussed data governance, 3D modeling, and domestic software integration. Plans include normalizing remote intelligent support, improving dat

【ECF Weekly】CNPC and Shanxi Sign Coal-Derived Gas Co-Deal

【ECF Weekly】CNPC and Shanxi Sign Coal-Derived Gas Co-Deal

Xinjiang Party Chief Urges Accelerated Energy and Resource Development in Hami

Xinjiang Party Secretary Ma Xingrui visited Hami to push forward key energy, resource, and infrastructure projects, emphasizing new energy development, digital construction, private investment support, and the transformation of Xinjiang’s resource advantage into national strategic capacity.

China, Belarus Sign First Overseas Unconventional Oil and Gas Research Deal

China’s Oil and Gas Resources Survey Center signed its first overseas technical service contract with Belarus, focusing on unconventional reservoir research at the Northern Domanovich Oilfield. The project aims to enhance Belarus’s resource utilization and extraction efficiency while deepening inter

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