The newly proven reserves of Fuling shale gas field exceed 100 billion cubic meters

Recently, the reporter learned from China Petroleum and Chemical Corporation Limited (hereinafter referred to as Sinopec) that the new report on the proven shale gas reserves of the Baima Block of Sinopec Fuling Shale Gas Field - China's first large-scale shale gas field has passed the review of the Ministry of Natural Resources, and it has been determined that the new proved reserves of the block are 104.
883 billion cubic meters
.
So far, the cumulative proven gas content of Fuling shale gas field has reached 824 square kilometers, and the cumulative proven reserves are nearly 900 billion cubic meters, accounting for 34%
of the proven reserves of shale gas in China.

Fuling shale gas field, located in Fuling District, Chongqing City, is one of the important gas sources of China's Sichuan gas transmission pipeline and an important resource base for
Sinopec's "gasification of the Yangtze River Economic Belt" action.
The Baima block of Fuling shale gas field discovered this time has the characteristics of "double complexity" of surface structure and underground structure, and belongs to a typical atmospheric pressure deep gas reservoir
.
By accelerating scientific and technological innovation, Sinopec Jianghan Oilfield has overcome the technical bottleneck of deep atmospheric shale gas benefit development in 6 years, and the output of shale gas tested in a single well has increased from 40,000-60,000 cubic meters per day to 100,000-130,000 cubic meters
per day.
As of November 2021, the maximum cumulative production of a single well in the Baima Block of Fuling Shale Gas Field exceeded 30 million cubic meters, which is at a high level among domestic atmospheric pressure shale gas wells, which confirms that the block has good prospects for
scale increase and efficiency development.

Fuling shale gas field began construction in December 2012, and entered commercial development ahead of schedule in March 2014, making it the first large-scale shale gas field
in China to enter commercial development.
In March 2017, the annual production capacity of 10 billion cubic meters was completed as scheduled, which can reduce carbon dioxide emissions by 12 million tons per year, which is equivalent to planting 110 million trees and parking 8 million cars
.
In 2018, 2020 and 2021, the cumulative gas production will exceed 20 billion cubic meters, 30 billion cubic meters and 40 billion cubic meters
, respectively。 Up to now, Fuling Shale Gas Field has put into operation 643 wells, with a cumulative gas production of more than 41.
2 billion cubic meters and a daily gas production of more than 20 million cubic meters, providing a solid foundation
for the high-quality development of enterprises along the Yangtze River Economic Belt and ensuring national energy security.