Sinopec (China Petroleum & Chemical Corp.) completed the drilling of Fushen-1 Well, China’s deepest geothermal exploration well located in Hainan, South China.
Fushen-1, started in August 2023, has a depth of 5,200 meters.
Sinopec said the project has allowed adoption of technologies including the combination of dual-drive drilling and high-pressure injection to reach the temperature limit of hot dry rock under national energy industry standards.
Hot dry rock geothermal resources within the range of 3 km to 10 km underground China, is equivalent to 856 trillion tons of standard coal, according to China’s geological surveys.
Two percent of extracted geothermal heat can reach 2,993 times the energy consumption of China in 2023.
Sinopec plans to carry out extensive research and field tests at Fushen-1 to establish the first platform integrating research, education and experimentation of deep geothermal in South China to help achieve the dual-carbon goal.
Recommended Reading
Shell Taps TechnipFMC for 20K System for Sparta
2024-02-19 - The deepwater greenfield project in the Gulf of Mexico targets reserves in the high-pressure Paleogene reservoir.
E&P Highlights: March 4, 2024
2024-03-04 - Here’s a roundup of the latest E&P headlines, including a reserves update and new contract awards.
E&P Highlights: Feb. 26, 2024
2024-02-26 - Here’s a roundup of the latest E&P headlines, including interest in some projects changing hands and new contract awards.
After 4Q Struggles, Transocean’s Upcycle Prediction Looks to Pay Off
2024-02-21 - As Transocean executives predicted during third-quarter earnings, the company is in the middle of an upcycle, with day rates and revenues reaching new heights.
Woodside’s GoM Trion Project Wins Social Impact Assessment Approval
2024-02-14 - Woodside Energy’s Trion is expected to start production in the Mexican sector of the Gulf of Mexico in 2028, and Woodside said the impact assessment will help the operator engage with local communities during the construction phase.