Xin Lang Cai Jing·2025-11-09 02:36Core Viewpoint - China's largest shale oil production base, Changqing Oilfield, has surpassed a cumulative production of 20 million tons of shale oil, marking a new phase of large-scale and efficient development in the country's continental shale oil sector [1] Group 1: Production Milestones - The cumulative shale oil production at Changqing Oilfield has exceeded 20 million tons, indicating significant progress in shale oil development [1] - The daily production has reached a historical high of over 10,000 tons, following the addition of 144 new horizontal wells this year [1] Group 2: Resource Potential - The proven reserves of shale oil resources in the Ordos Basin, where Changqing Oilfield is located, exceed 1 billion tons [1] - Shale oil is considered a crucial alternative resource for maintaining long-term stable crude oil production in China, despite the high development difficulty [1]