news flash·2025-05-13 22:55Core Viewpoint - Continuous innovation in oil and gas exploration technology is making shale gas a significant area for increasing oil and gas production in China [1] Industry Summary - A shale gas exploration well in the Sichuan Basin has set a new record in China with a vertical depth exceeding 5300 meters, providing valuable experience for ultra-deep shale gas exploration [1] - China, characterized by "rich coal, poor oil, and scarce gas," is a major oil and gas importing country [1] - Recent technological advancements in oil and gas exploration and development are positioning shale gas as a key area for sustainable resource increase [1] Company Summary - The Sichuan Basin has established three national shale gas demonstration zones: Fuling, Weiyuan-Changning, and Zhaotong [1] - Eight shale gas fields have been identified in the Sichuan Basin, including Fuling, Changning, Zhaotong, Weiyuan, Luzhou, Weirong, Yongchuan, and Qijiang [1] - The ultra-deep shale gas resource in the Sichuan Basin is estimated to be 16.5 trillion cubic meters, with the localization of key equipment and tools effectively ensuring national energy security [1]