China’s upstream sector remained active up to and beyond the Chinese New Year, with a high profile gas discovery and a gas hydrates find as well as unconventional drilling and big spending plans being reported in quick succession.On the exploration front, state-owned PetroChina discovered 10.88 Tcf of technically recoverable gas in southwest China’s Sichuan basin, according to parent China National Petroleum Corp. (CNPC), making the find one of China’s largest gas discoveries in more than 10 years.The proven gas in place in the Longwangmiao formation of Cambrian system in the...

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