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Proven reserves of China's first large-scale shale gas field exceeds 600B cubic meters

(People's Daily Online)    17:09, July 05, 2017

Fuling Shale Gas Field (Photo/Xinhua)

China's first large-scale shale gas field, Fuling Shale Gas Field, has proven reserves of 600,814 million cubic meters, China Petrochemical News reported on Wednesday.

The biggest difference between shale gas and natural gas is the state of their reserves. If natural gas mining can be compared to drawing blood from the veins, the mining of shale gas would be more like getting blood from the capillaries. Large-scale commercial development of shale gas is difficult.

Sinopec has developed a technical system to assist with the process of shale gas exploration and development, such as fast drilling of horizontal wells, green exploration, and development support. The company has also developed its own machinery and equipment, and more than 100 technical standards, providing reference for China's large-scale development of shale gas.

As of June 30, 2017, the Fuling Shale Gas Field in southwest China has produced 11.8 billion cubic meters of gas, equivalent to the one-year gas demand of 64 million households. At present, 16 million cubic meters of gas from the field are sold each day.

Sinopec expects its project in Fuling to reach a production capacity of 10 billion cubic meters a year by the end of 2017.

(For the latest China news, Please follow People's Daily on Twitter and Facebook)(Web editor: Du Mingming, Bianji)

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