Sinopec Taps Shale Oil at Mature East China Oilfield

National oil companies in China are making a greater effort to increase production of shale oil and gas, leading to Sinopec tapping 30 tonnes of oil and 1,500 cu. m of gas daily in an eastern mature field.

Reuters

China's Sinopec Corp. said on July 19 it has tapped a daily flow of 30 tonnes of oil and 1,500 cu. m of gas at a mature oilfield in east China's Jiangsu province.

The company said the flows, from exploration well Hua-2-ce in the Jiangsu oilfield, marked a breakthrough in unlocking 1.1 billion tonnes of prospective shale oil resources in the Subei basin.

The firm will accelerate the construction of a pilot shale oil production zone in the area, Sinopec said, without giving further details.

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