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

Floating Nuclear: A New Offshore Energy Frontier

Markets: Oil Majors Reload Exploration Hoppers Across Sub-Saharan Africa

ONGC Completes 44 Offshore Rig Moves Ahead of Monsoon Season

ASCO Sets Up Shop in Qatar to Drive Middle East Expansion

Oil Edges Higher as Uncertainty Clouds US-Iran Truce

Eni and Petronas Launch Southeast Asia Gas Joint Venture Searah

Indonesia Targets Higher Oil and Gas Output in 2027

Indonesia Puts 13 Oil And Gas Blocks on Bidding Round Offer

ADNOC Drilling Posts Record First-Quarter Results with 5% Revenue Rise

Eni Advances Giant Indonesia Gas Discovery after ‘Exceptional’ Well Test

Current News

Floating Nuclear: A New Offshore Energy Frontier

Markets: Oil Majors Reload Exploration Hoppers Across Sub-Saharan Africa

ONGC Completes 44 Offshore Rig Moves Ahead of Monsoon Season

ONGC Expands BP Partnership with Western Offshore Basin Services Contract

Walking Into the Future: ADNOC Drilling Unveils First AI-Powered Island Rig

Yinson Production Names FSO for Murphy's Lac Da Vang Project off Vietnam

Jadestone Brings First Malaysia Campaign Well Online at 3,000 bpd

Saipem to Sell Saudi Shallow-Water Drilling Business to ADES for $285M

Oman Opens Alternative Hormuz Lanes as Shipping Recovery Continues

ASCO Sets Up Shop in Qatar to Drive Middle East Expansion

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