Sinopec boosts China’s shale oil output

“Cumulative oil production at Jiyang has topped 2 million tons, Chinese media reported on Monday.”

“The Jiyang base, which covers about 7,300 square kilometers, or 2,820 square miles, in the Shandong province in east China, increased shale oil output by 15% in the first four months of 2026 compared to the same period last year, thanks to 10 new wells placed into operation, according to Sinopec.”

“The Chinese state oil giant formally known as China Petroleum & Chemical Corporation has also recently opened a major ultra-deep shale gas find after obtaining official government approval for proven geological reserves of 235.687 billion cubic meters in the Ziyang Dongfeng field in the Sichuan province.”

“Sinopec earlier this month announced that the Ministry of Natural Resources of China approved its reserves validation at the shale gas field, marking the creation of China’s first ultra-deep, 100-billion-cubic-meter-level shale gas field.”

https://oilprice.com/Latest-Energy-News/World-News/Sinopec-Boosts-Chinas-Shale-Oil-Output.html

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