China Petroleum & Chemical Corp.
Chinese oil refiner Sinopec has announced the discovery of a new shale oil field in the Sichuan Basin, with reserves of at least 100 million tons. The find was made in the Qijiang District of Chongqing Municipality in southwest China. Initial test production from the site showed a daily flow
China Petroleum & Chemical Corp.
Sinopec, China's largest oil refiner, has announced the discovery of a new shale oil reserve estimated at 100 million tonnes in the Sichuan Basin in southwest China. The company reported that an exploratory well drilled at the site has achieved a flow rate of 38.64 cubic meters
China Petroleum & Chemical Corp.
Chongqing Province has made a significant discovery in the field of shale gas, with the newly discovered Yongchuan shale gas field boasting reserves of 124.588 billion cubic meters. This achievement has marked the birth of another large-scale, deep, fully-contained shale gas field in China, exceeding 100 billion cubic meters
