Sinopec Gets Weirong Green Light

Tuesday, November 19, 2019

China's Sinopec has received approval from the ministry of natural resources to develop shale gas at the Weirong gas field in the southwestern province of Sichuan, the refiner said on Tuesday.

The company plans to build 166 wells at the gas field with total production capacity of 3 billion cubic meters (bcm) each year.

The first phase of construction is underway, with two testing wells reaching daily output of 313,000 cubic meters and 253,000 cubic meters, respectively, the company said.

China's shale gas production of about 10.9 bcm in 2018 accounted for less than 7% of total gas output. But a top researcher at PetroChina expects shale gas output could reach 280 bcm by 2035.


(Reporting by Muyu Xu and Dominique Patton; Editing by Shailesh Kuber)

Categories: Shale Oil & Gas Natural Gas

Related Stories

DOF Secures Moorings Hook-Up Job in Asia Pacific

Japan Picks Wood Mackenzie to Assess Trump-Backed Alaska LNG Scheme

PTTEP Greenlights $320M Offshore CCS Project at Arthit Gas Field in Thailand

Keppel, Seatrium in $53M Arbitration Case Over Brazil Corruption Scheme

CIP, Petrovietnam Team Up for Offshore Wind Project in Vietnam

PXGEO Nets First Seismic Survey off Malaysia

CNOOC Finds Oil and Gas in South China Sea

Fugro Expands Geotechnical Testing Capabilities in Indonesia

CDWE Wraps Up Pin Pile Installation Job for Taiwanese Offshore Wind Farm

OMV Exits Ghasha Gas Project off UAE with Lukoil Stake Sale

Current News

POSH Set to Tow Nguya FLNG from China to Eni’s Congo Field

Chinese Contractor Secures Offshore Oil and Gas ‘Mega Deal’ from QatarEnergy

DOF Secures Moorings Hook-Up Job in Asia Pacific

Saipem Bags $1.5B Contract for Türkiye Largest Offshore Gas Field

Floating Offshore Wind Test Center Planned for Japan

Synergy Marine Group Completes Conversion of LNG Vessel to FSRU

PTTEP Hires McDermott for Deepwater Subsea Job off Malaysia

TotalEnergies Inks 10-Year LNG Supply Deal with South Korea’s KOGAS

Japan Picks Wood Mackenzie to Assess Trump-Backed Alaska LNG Scheme

PTTEP Greenlights $320M Offshore CCS Project at Arthit Gas Field in Thailand

Subscribe for AOG Digital E‑News

AOG Digital E-News is the subsea industry's largest circulation and most authoritative ENews Service, delivered to your Email three times per week

https://accounts.newwavemedia.com