财联社·2025-10-23 06:10Core Viewpoint - The discovery of high-yield shale oil and gas flow at the Qilu Ye 1 well in the Sichuan Basin marks a significant advancement in China's unconventional oil resources, indicating a new large-scale shale oil reserve with a resource volume exceeding 100 million tons [1][3][5] Group 1: Discovery and Production - The Qilu Ye 1 well has achieved a daily production of 38.64 cubic meters of shale oil and 10,000 cubic meters of natural gas, highlighting its potential as a new resource base in the Sichuan Basin [1][3] - The well is located in the Qijiang District of Chongqing, with the shale reservoir drilled at a depth of over 2,000 meters, revealing a favorable oil-bearing shale thickness of nearly 40 meters [3][5] Group 2: Economic and Strategic Implications - The breakthrough at the Qilu Ye 1 well confirms a resource target of over 100 million tons of shale oil, aligning with China's strategic goal of transitioning from marine to terrestrial oil and gas exploration in the southern Sichuan Basin [3][5] - The Qijiang shale gas field, discovered in 2022, has a proven reserve of 100 billion cubic meters, and the new oil discovery complements the existing gas resources, creating a "gas below, oil above" resource structure [5] Group 3: Future Projections - China Petroleum is increasing its shale oil exploration efforts, with projected annual production of 705,000 tons in 2024, an increase of 308,000 tons from the previous year [5] - By 2025, the company aims to confirm geological reserves of over 200 million tons of shale oil and 12.352 billion cubic meters of natural gas [5]