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Sinopec discovers huge shale gas reserves in Sichuan

Sinopec announced on March 25 it has made another major breakthrough in shale gas exploration and development, following the discovery of Fuling shale gas field. Sinopec reported a proven reserve of 124.7 billion cubic meters (Bcm) in Weirong shale gas field in Sichuan province. Sinopec plans to boost Weirong’s annual output to 1 Bcm by the end of this year. An exploration well Dongye-1 in the Dingshan-Dongxi Block, which is of over 4,200 m deep, had a daily output of 310,000 cubic meters in test production, representing a technical breakthrough.