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Sinopec: Shale Gas Becomes Successor in CN Oil & Gas Production
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Sinopec reported that a shale gas exploratory well in the Sichuan Basin, with a vertical depth exceeding 5,300 meters, has set a new record for shale gas well depth in the mainland, reported CCTV. This provides valuable experience for ultra-deep shale gas exploration in the region. China, characterized by its "rich coal, poor oil, and scarce gas" resources, is a major importer of oil and gas. In recent years, with continuous innovation in key technologies for oil and gas exploration and development, shale gas is becoming a successor field for exploration and sustainable reserve growth in the mainland. AASTOCKS Financial News Website: www.aastocks.com |
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