China Shale News Review – Oct 10 , 2022
◊ Huazhuang Shale Oil Production Exceeded 10000 Tons
On February 7 this year, Huaye 1HF, the first shale oil well in Jiangsu Oilfield, began to produce oil, and the cumulative output has exceeded 10000 tons so far.
◊ Changqing Oilfield Built the First 100000 Ton Development Zone in China
The industrialization test for the transformation of development mode of Longdong Huaqing ultra-low permeability reservoir in Changqing Oilfield has been implemented in 116 wells, with a daily oil increase of 328 tons and a cumulative oil increase of 112000 tons.
◊ Major Breakthrough of Shale Gas in Northeast Sichuan
Well Pulu 1 has obtained 104k m³/d industrial gas flow in Qianfoya Formation of Middle Jurassic, making a breakthrough in shale gas exploration in Northeast Sichuan.
◊ The First Continental Fault Basin Shale Oil Area Unveiled
SINOPEC Jiyang Shale Oil Demonstration Zone was inaugurated. The area will achieve 100 million tons of proven geological reserves of shale oil, 1 million tons of new production capacity, and 500k tons of annual shale oil equivalent.
◊ Record Breaking Maximum Power of Gas Power Generation Electric Drive Fracturing
Changqing Downhole Technical Operation Company has accumulated 1151 layers of pure electric drive fracturing, with annual total power consumption of 12.94 million kw/h and carbon reduction of 3007 tons.
(Source: Energy China Forum)
