Core Insights - The successful production of the Bai Ma Block Jiao Ye 157-1HF well marks a significant milestone for the Fuling shale gas field, bringing the total number of production wells to 1,000 and achieving a summer daily output of 19.1 million cubic meters of shale gas [1][2] Industry Summary - The Fuling shale gas field is China's first large-scale commercial shale gas development, indicating a shift towards large-scale and efficient development in the country's shale gas sector [1] - The continuous breakthroughs in key technologies, including the optimization of horizontal drilling techniques and innovations in fracturing technology, have established a core technical system suitable for China's geological conditions, laying a solid foundation for efficient gas field development [1] - Since its development, the Fuling shale gas field has produced over 70 billion cubic meters of gas, significantly contributing to energy supply and alleviating energy supply-demand conflicts in central and eastern China [2] - The large-scale development of shale gas is crucial for reducing carbon emissions and advancing China's dual carbon goals [2] - The company plans to deepen exploration and development technology research, enhance engineering process innovation, and improve single well capacity and recovery rates [2]