China Shale News Review – Nov 6 , 2023
◊ The Shale Oil Production of Sinopec Jianghan Oilfield Fuling Shale Gas Field increased by 185% Year-On-Year
Since the beginning of this year, Jianghan Oilfield Fuling Shale Gas Company has accelerated the production of new shale oil wells, deepened the application of mining technology, strengthened the safety management of shale oil storage and transportation, and ensured efficient development of shale oil.As of October 27th, the shale oil production of Sinopec Jianghan Oilfield Fuling Shale Gas Field increased by 185% year-on-year.
◊ Tarim Oilfield Has a Gas Supply of 340 Billion Cubic Meters
As of October 30th, through the West East Gas Pipeline Project, a major energy artery in China, the Tarim Oilfield of PetroChina, located in southern Xinjiang, has supplied a total of 340 billion cubic meters of gas to the central and eastern regions of China, providing resource guarantees for downstream economic and social development and people’s livelihood gas use.
◊ New Sharp Tools for Shale Oil Exploration and Development in China
As of October 29th, the research on the “Research and Application of Shale Oil Combined Seismic Exploration and Development Technology” undertaken by the Urumqi Branch of the Research Institute of Eastern Geophysical Exploration Company has achieved innovative results, creating a new tool for shale oil exploration and development.
◊ Deepwater Taco 1 Well Drilling Exceeding 8000 Meters in China
At 3:00 am on October 25th, China’s first Wanmike exploration well, Shenditaco 1, successfully broke the 8000 meter mark in drilling depth and made a full push towards the target well depth.
◊ Bohai Drilling Breaks Multiple Records in China’s Shale Gas Market
On October 25th, there was good news from the Sichuan shale gas market: the highly difficult evaluation well Lu 216, drilled by the 70155 drilling team of Bohai Drilling Fourth Company, was successfully completed with a completion depth of 6780 meters, a maximum vertical depth of 4606.28 meters, and a bottom temperature of 168 degrees Celsius, breaking the records of the deepest vertical depth and the highest bottom temperature in the Luzhou block of Sichuan shale gas, creating the deepest shale gas construction well and the deepest casing penetration of this company Multiple records such as the longest one-time cementing section for cementing.
(Source: Energy China Forum)