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

CNOOC Makes Major Oil Discovery in Bohai Sea

Blackford Dolphin Scoops $154M Drilling Contract with Oil India

MMHE Delivers Topside for Jerun Gas Field Platform Offshore Malaysia

CNOOC Finds Oil in South China Sea Deepwater Field

ABS Awards AIP for OceanSTAR’s FSO Design

TotalEnergies Signs 16-Year LNG Supply Deal with Sembcorp

Woodside Sells 15.1% Scarborough Stake to JERA for $1.4B

ONE Guyana FPSO for ExxonMobil’s Yellowtail Field Leaves Drydock in Singapore

Brassavola Completes Maiden Ship-to-Ship LNG Bunkering Operation

Baron Oil Schedules Site Survey at Timor-Leste Gas Field

Current News

Indonesia to Ask Mubadala to Speed Up South Andaman Gas Development

Interview: Caroline Yang, CEO, Hong Lam Marine & President, SSA

Indonesia Offers Five Oil and Gas Blocks, Pledges to Boost Exploration

ADES Holding Signs $94M Jack-Up Rig Deal with PTTEP

Cyan Renewables, Hyundai to Set Up Offshore Wind Vessel Suply Chain in South Korea

Mubadala Energy Makes Second Major Gas Discovery in Indonesia

Subsea7, OneSubsea to Install Türkiye’s First FPU in Black Sea

Optimizing Cathodic Protection Survey Using Non-contact Sensors

Into the Deep: Offshore Production Increasingly Finds Deeper Waters

Odfjell Technology Boosts Asia Pacific Presence with New Contracts in Malaysia

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