CNPC adds over 160 Bcm of shale gas reserves in Sichuan basin
BEIJING, China -- As examined and approved by China's Ministry of Land and Resources, CNPC has added 207.87 km2 of new shale gas bearing areas in the well blocks of Wei-202, Ning-201 and YS108 in the Sichuan basin.
The areas have been added with proven original gas in place of 163.53 Bcm and technically recoverable reserves of 40.88 Bcm. All three well blocks are located in the national shale gas demonstration zone in the Sichuan basin.
By Aug. 27, 47 wells have been put into production in the newly proved areas, producing 3.62 MMcmgd.
This is the first time that CNPC has submitted proven shale gas reserves to the Ministry of Land and Resources.
