Oil & Gas Operators

Sinopec Discovered An Ultra-Deep Shale Gas Field In China

Chinese oil and gas company China Petroleum & Chemical Corp. (Sinopec) has discovered a new ultra-deep shale gas field in Sichuan province, the company said in a statement.

The Hexingchang field has proven reserves of 133 billion cubic meters of gas, making it the first ultra-deep shale field of this scale to be discovered in the country.

Sinopec has previously discovered a number of other large natural gas deposits in Sichuan province.

Source

Previous post

Orenburgneft Replenished Hydrocarbon Reserves By 168% In 2023

Next post

Russia Noted An Increase in Oil and Condensate Reserves in The Arctic Zone