【ECF Weekly】Several Central Enterprises Delisted from USA
【ECF Weekly】Several Central Enterprises Delisted from USA
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ECF China Shale Weekly Review - Aug 13, 2022
Policy & Regulation
【 Several Central Enterprises Delisted from the United States 】
PetroChina, Sinopec, China Life Insurance, Chinalco, Shanghai Petrochemical and other central enterprises announced that they would be delisted from the United States.
【 Onshore Drilling Scale of CPTEC is the World’s Largest 】
At present, China Petroleum Technical Service Corporation (CPTEC) has become the one with the most complete business chain, the geophysical exploration service provider with the largest market share and the largest onshore drilling contractor in the world.
Exploration & Production
【 Deepest Well of "Shendi No. 1" Reached 9300 Meters, Setting a New Record in Asia 】
Sinopec’s "Shendi Project" has made a breakthrough. The Shunbei 803 inclined well test obtained high-yield industrial oil and gas flow, converted to 244.3 tons of crude oil and 970000 cubic meters of natural gas per day, and the oil and gas equivalent reached 1017 tons.
【 Innovation of Xibu Drilling to Achieve Efficient Drilling 】
The 70139 drilling crew of the Xibu Drilling Company strengthened its management, and the footage this year exceeded 10000 meters.
【 New Progress in Development of 1 Billion Ton Oil Fields in Xinjiang 】
The turbine fracturing skid manufactured by Jereh completed its domestic debut in well ahhw2035 in Xinjiang and successfully passed the pilot test, providing data for gas turbine fracturing equipment.
Technology & Equipment
【 High Efficiency Interfacial Steric Surfactant Technology in China 】
It is the first time in China that the high-efficiency interfacial steric surfactant developed with domestic raw materials has been tested in Daqing oil field, and the price is half lower than that of foreign countries.
【 Application of All-Electric Reservoir Reconstruction Technology in Subei Work Area 】
All-electric reservoir reconstruction technology was first applied in Xiangyang 101 inclined well of East China Petroleum Bureau.
【 Xinjiang Oilfield Starts Zero Carbon Oil Recovery Mode 】
The success of the "intelligent inter pumping + off grid photovoltaic power generation" technology in the exploration wells of Xinjiang Oilfield marks a step forward in the exploration of zero carbon oil recovery mode.
【 Sinopec Developed the Microseismic Software Support 】
The Fraclistener microseismic software system developed by Sinopec Geophysical Exploration Institute has completed 50 exploration wells / risk assessment wells and more than 750 sections of microseismic monitoring services, and has obtained 38 national invention patents.
【 Changqing Oilfield Implements "Electricity Instead of Oil" Drilling Pressure in 108 Well Groups 】
The "electricity for oil" project has been implemented in 16 project groups and 108 well groups of the oilfield. The accumulated electricity consumption for electric drive drilling and fracturing has reached 108 million kwh, replacing 9405 tons of diesel oil and reducing 7806 tons of carbon emissions.
Past Weekly News
【ECF Weekly Aug 7,2022】PetroChina SW. Oil&Gasfield Produce 5 Bil M3/yr
【ECF Weekly Jul 30, 2022】National Energy admin126459646istration: Promote Shale Energy
【ECF Weekly Jul 24, 2022】CNPC Half Year Net Profit Exceeded 80 Billion Yuan
Source: Energy China Forum
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