China Petroleum and Chemical Corp. (Sinopec)
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Equinor, Petrobras and Repsol Sinopec Brasil agree on direction for 30-year lifetime of the field.
Weirong, located in Neijiang and Zigong cities, is the state energy giant’s second major shale gas development after Fuling.
The company’s gas production in 2019 was at 29.67 Bcm, a jump of 7.2% from the prior year.
The new reserve, certified by the Ministry of Natural resources, raises the field’s total proven reserve to 114 Bcm, Sinopec said.
China Petroleum and Chemical Corp. said on Oct. 15 that it has added newly proven shale gas geological reserves of 191.83 billion…