Zhong Guo Xin Wen Wang·2025-08-21 05:16Core Viewpoint - China Petroleum & Chemical Corporation (Sinopec) announced that its Jianghan Oilfield Hongxing Shale Gas Field has confirmed reserves of 165.025 billion cubic meters of shale gas, marking the emergence of another large shale gas field in China [1] Group 1: Resource Potential and Strategic Importance - The successful approval of the shale gas reserves by the Ministry of Natural Resources highlights the resource potential of the Hongxing area and establishes a new strategic reserve for shale gas, contributing positively to national energy security [1] - The Hongxing Shale Gas Field is located in Hubei and Chongqing, with exploration depths ranging from 3,300 meters to 5,500 meters, indicating complex structural deformation and significant exploration challenges [1] Group 2: Technological Advancements and Production Improvements - Sinopec Jianghan Oilfield has made significant technological advancements, successfully opening the first billion-cubic-meter-level new layer of shale gas exploration outside the Silurian system in China [1] - The production test of a single well has improved from 89,000 cubic meters per day to 323,500 cubic meters per day, showcasing the effectiveness of the innovation efforts [1] Group 3: Future Development Plans - The company plans to enhance integrated evaluation and deployment of exploration and development, focusing on key technological breakthroughs in basic geology, development technology, and engineering processes [1] - There is an ongoing effort to expand the shale gas reserve area in the Wujiaoping formation and to cultivate a new production base for Permian shale gas [1]