Sinopec Uncovers High-Yielding Shale Gas Reserve in Sichuan Basin
The Qijiang shale gas field adds new geological reserve of 145.9 billion cubic meters
BEIJING, Nov. 25, 2022 /PRNewswire/ — China Petroleum & Chemical Corporation’s (HKG: 0386, “Sinopec”) has announced that the first phase of the Qijiang shale gas field has uncovered a major discovery in Sichuan Basin with a proven geological reserve of 145.968 billion cubic meters. The discovery, delivered by Sinopec Exploration Company and Sinopec Southwest Oil & Gas Company, is a major breakthrough in Sinopec’s “Project Deep Earth – Natural Gas Base in Sichuan and Chongqing.”
The Qijiang shale gas field is the first shale gas field discovered in medium-deep and deep strata in a complex tectonic zone on the margin of the basin. Shale gas buried at t...