Core Viewpoint - The event marks the commencement of a three-dimensional seismic survey by China National Petroleum Corporation (CNPC) in Suriname's offshore Block 14/15, indicating a significant step in the company's exploration and development efforts in the region [1] Group 1 - The ceremony was attended by the Counsellor of the Chinese Embassy in Suriname, Jia Jinyi, who delivered a speech highlighting the importance of the project [1] - The seismic survey is expected to enhance the understanding of the geological structure in the area, potentially leading to increased oil and gas exploration opportunities [1]

Core Viewpoint - China Petroleum & Chemical Corporation (Sinopec) has successfully passed the evaluation by the Ministry of Natural Resources for the first phase of the Fuxing Oilfield, marking the establishment of the first shale oilfield in the Sichuan Basin, with proven geological reserves of 6.06 million tons of oil and 12.352 billion cubic meters of natural gas [1] Group 1: Project Overview - The Fuxing Oilfield is located in Chongqing, at the southeastern edge of the Sichuan Basin, which is characterized by "rich gas and scarce oil" [1] - Historically, the Sichuan Basin has focused on natural gas exploration and development, with oil resources being relatively scarce [1] Group 2: Technological Advancements - Following the discovery of the Fuling Shale Gas Field in 2012, Sinopec collaborated with universities, research institutes, and national key laboratories to conduct systematic geological research and tackle key technologies for shale oil and gas in the Sichuan Basin [1] - In 2021, Sinopec successfully drilled the Taiye 1 well in the Fuxing area, achieving a daily oil production of 58.9 cubic meters and daily gas production of 73,500 cubic meters, marking a significant breakthrough in the exploration of continental shale oil and gas in the Sichuan Basin [1] Group 3: Future Plans - The manager of Sinopec's shale gas project department emphasized that the theoretical understanding and key technologies developed for the Fuxing Oilfield are crucial for enhancing China's shale oil and gas exploration and development theories, technologies, and standards [1] - The company plans to deepen the understanding of enrichment patterns and strengthen the overall evaluation and deployment of continental shale oil in the Sichuan Basin, aiming for new exploration breakthroughs and the establishment of a second shale oil reserve area [1]

Core Viewpoint - The establishment of China's first shale oil field in the Sichuan Basin marks a significant milestone in the country's energy sector, with substantial proven geological reserves of oil and natural gas [1] Group 1: Company Developments - The revival oil field, developed by Sinopec's exploration branch and Jianghan Oilfield, has reported proven geological reserves of 20.1 million tons of oil and 12.352 billion cubic meters of natural gas [1]

Core Insights - The first shale oil field in the Sichuan Basin of China has been established, marking a significant milestone in the country's energy sector [1] Company Summary - The exploration and development of the Xuhang Oilfield was conducted by Sinopec's exploration branch and the Jianghan Oilfield [1] - The confirmed geological reserves include 10.06 million tons of oil and 12.352 billion cubic meters of natural gas, which have passed the evaluation by the Ministry of Natural Resources [1]

Group 1 - The subsidiary of Kuwait Foreign Petroleum Exploration Company has made a final investment decision with Shell Egypt for the development of the gas exploration project in the Western Minya oil field [1]

Group 1 - China National Petroleum Corporation (CNPC) applied for a patent for a "Seismic Exploration Data Management System and Method Based on Private Cloud Platform Containerization" with publication number CN120179661A, filed on December 2023 [1] - The patent describes a system that includes a private cloud platform and a seismic exploration database, enabling operations on target seismic exploration data files based on user commands from client terminals connected to a dedicated network [1] Group 2 - CNPC, established in 1990 and located in Beijing, primarily engages in gas production and supply, with a registered capital of 48.69 billion RMB [2] - CNPC has invested in 112 companies, participated in 5,000 bidding projects, and holds 1,446 trademark records and 5,000 patent records, along with 28 administrative licenses [2] - China Petroleum Group Eastern Geophysical Exploration Co., Ltd., established in 2000 and located in Baoding, focuses on professional technical services, with a registered capital of approximately 1.53 billion RMB [2] - The Eastern Geophysical Exploration Company has invested in 31 companies, participated in 1,981 bidding projects, and holds 100 trademark records and 3,314 patent records, along with 241 administrative licenses [2]

Core Viewpoint - Tongyuan Petroleum's stock has experienced significant abnormal fluctuations, with a cumulative price increase deviation exceeding 30% over three consecutive trading days, indicating potential risks of a sharp price drop following the surge [1] Group 1 - The company's stock price rose significantly from June 17 to June 19, 2025, leading to concerns about market overheating and irrational trading behavior [1] - The company has confirmed that there have been no significant changes in its operational situation or external business environment recently [1] - Investors are advised to be cautious and make rational decisions in the secondary market due to the heightened trading risks [1]

Group 1 - China National Petroleum Corporation (CNPC) and China Petroleum Group Eastern Geophysical Exploration Co., Ltd. applied for a patent titled "Identification Method, Device, Equipment, and Medium for Deep-Level Turbidite Sedimentary Bodies" with publication number CN119882037A, filed on October 2023 [1] - The patent describes a method for identifying deep-level turbidite sedimentary bodies, involving the extraction of velocity and seismic attributes from geological data, which are then fused to create a geological body distribution map [1] - The proposed method allows for rapid identification of turbidite sedimentary bodies even with limited geological data available [1] Group 2 - CNPC, established in 1990 and based in Beijing, primarily engages in gas production and supply, with a registered capital of 48.69 billion RMB [2] - CNPC has invested in 109 companies, participated in 5,000 bidding projects, and holds 1,435 trademark records and 5,000 patent records [2] - China Petroleum Group Eastern Geophysical Exploration Co., Ltd., founded in 2000 and located in Baoding, focuses on professional technical services, with a registered capital of approximately 1.53 billion RMB [2] - The Eastern Geophysical Exploration Company has invested in 31 companies, participated in 1,877 bidding projects, and possesses 100 trademark records and 3,094 patent records [2]