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China Petroleum & Chemical Corporation’s (HKG: 0386, “Sinopec”) has reported another strategic breakthrough of shale oil exploration. This time, its subsidiary Sinopec East China Petroleum Bureau has recorded
The four designated shale oil prospecting wells in the East Exploratory Area of Shengli Oilfield of China Petroleum & Chemical Corporation (HKG: 0386, “Sinopec”) 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 .
/PRNewswire/ The four designated shale oil prospecting wells in the East Exploratory Area of Shengli Oilfield of China Petroleum & Chemical Corporation.