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Sinopec Exploits Shale Oil in Shengli Oilfield with Estimated Reserves of 458 Million Tons

The four designated shale oil prospecting wells in the East Exploratory Area of Shengli Oilfield of China Petroleum & Chemical Corporation (HKG: 0386, โ€œSinopecโ€) reported high oil flow on November 3, among which the Fanye-1 Well achieved peak daily oil production of 171 tons, setting the highest shale oil production record of a single well ...
Kong Fanqun National Basic Research Program Of China East Exploratory Area Shengli Oilfield China Petroleum Chemical Corporation

SINOPEC: Sinopec Exploits Shale Oil in Shengli Oilfield with Estimated Reserves of 458 Million Tons

Producing 171 tons of shale oil daily, the Fanye-1 Well sets China's highest production record for a single shale oil well. 1 million tons of shale oil production capacity expected to
Kong Fanqun National Basic Research Program Of China Sinopec Exploits Shale Oil In Shengli Oilfield East Exploratory Area Shengli Oilfield China Petroleum

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