【ECF Weekly】CNPC Operating Revenue Q1-Q3 Was 2.46 Trillion Yuan
【ECF Weekly】CNPC Operating Revenue Q1-Q3 Was 2.46 Trillion Yuan
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ECF China Shale Weekly Review - Oct 30, 2022
【 PetroChina’s Operating Revenue in the First Three Quarters Was 2.46 Trillion Yuan 】
PetroChina announced that in the first three quarters of 2022, achieved operating revenue of 2.46 trillion yuan, +30.6% yoy; net profit attributable to shareholders of the parent company was RMB 120.271 billion, +60.1% yoy; net cash flow from operating activities +38.3% yoy.
Exploration & Production
【 A New Record of Tight Gas in Jinqian Area 】
The daily output of Jinqian tight gas well 511-6-H2 of PetroChina Southwest Oil and Gas Field Company is 709,700 m3, with an open flow of 2.0101 million m3/day of industrial gas flow, breaking the open flow record of tight gas platform.
【 Fracturing of Jiaoye 85-8HF Well Has Set 3 Construction Records 】
Jiaoye 85-5HF Well adopts 2mm nozzle to test blowout, with a daily output of 168000 cubic meters of shale gas, with proven geological reserves of more than 50 billion cubic meters.
【 Exploration of Ultra Deep and Ultra High Pressure Gas Field Technology in Tarim Oilfield 】
The large-scale fracturing scheme of Chaiping 4 Well in Qinghai Oilfield was preliminarily completed, and the fracturing is planned to be carried out.
Technology & Equipment
【 Great Wall Company Successfully Developed Low-Cost Plugging Oil-Based Drilling Fluid 】
The low-cost and efficient plugging oil-based drilling fluid system developed by Great Wall Drilling Engineering Institute has been successfully applied. Its temperature resistance can reach 240 ℃, and its unit cost is 10% lower than that of conventional drilling fluid system.
【 Gas Gathering Trunk Line of 600 million m3 Surface Project is Connected 】
With the closing of the last weld joint of the gas gathering trunk line from Haiba booster station of Zhejiang oilfield to yunshanba dehydration station of Zhejiang oilfield, the gas gathering trunk line of the 600 million cubic meter surface project of Haiba of Zhejiang oilfield has been completed.
Past Weekly News
【ECF Weekly Oct 27, 2022】 China Has 1st Unconventional Energy Service Group
【ECF Weekly Oct 16, 2022】First Ultra-High Pressure Fracturing Test Bench
【ECF Weekly Oct 9, 2022】Sinopec Confirms Delisting Time around November 1
Source: Energy China Forum
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