Sinopec Produced Record 40 Bn Cubic Meters of Shale Gas

Shale gas is an unconventional natural gas that exists in the organic-rich mud shale and its interlayers in an adsorbed or free state. The main component of shale gas is methane, a clean, efficient energy resource and industrial chemical, widely used in residential gas, urban heat supply, power generation, automobile fuel and chemical production.

Sinopec's Fuling Shale Gas Field has a daily gas production reaching 20 million cubic meters at present and can meet the gas demands of 40 million households, contributing to a speedy clean energy transition, ensuring national energy security and helping to achieve the goals of reaching peak carbon and carbon neutrality.

According to an assessment by China's Ministry of Natural Resources in October 2020, the proven total reserves of the shale gas field in Fuling have reached 792.641 billion cubic meters.

Starting from scratch, Sinopec has been continuously exploring, fracturing, and has integrated five technology systems of shale gas development including the staged fracturing gas testing of long horizontal wells and green development, laying a solid theoretical and technical foundation for China's large-scale shale gas exploration and development.