Sinopec: Sinopec’s Fuling Shale Gas Field Sets New Production Record

China Petroleum & Chemical Corporation (HKG: 0386, “Sinopec”) has recorded China’s highest ever daily output of shale gas at 20.62 million cubic meters in its Fuling Shale Gas Field in Chongqing, China. This shale gas project is an important gas source for the Sichuan-East gas pipeline, meeting the daily gas consumption of 40 million households.

Sinopec’s shale gas field in Fuling is the first major commercial shale gas project in China, setting a new milestone in China’s energy resource industry and contributing to global shale gas development.

Since the beginning of 2020, the Fuling shale gas field achieved full recovery of production through non-stop drilling rig operations and rapid resumption of fracturing gas testing despite the COVID-19 outbreak. It has continuously broken the records for the shortest gas field drilling cycle while increasing the drilling of high-quality reservoirs significantly, covering over 3 million meters. Gas field production construction has been expanded to raise the production capacity.

According to Sinopec, the Fuling shale gas field now maintains a stable daily output of 20 million cubic meters, producing an estimated 6.7 billion cubic meters of shale gas over a full year.