Core Viewpoint - The company, Shanxi Blue Flame Holdings Co., Ltd., announced that its wholly-owned subsidiary successfully bid for and obtained the coalbed methane exploration rights in the Fanzhong Block of the Qinshi Basin, Shanxi Province, for a total amount of 201.384 million RMB [2][5]. Group 1: Auction Overview - On September 11, 2025, the Shanxi Provincial Natural Resources Department announced the auction for the coalbed methane exploration rights in the Fanzhong Block [4]. - The subsidiary, Shanxi Blue Flame Coalbed Methane Group Co., Ltd., participated in the auction and won the exploration rights on October 31, 2025, with a bid of 201.384 million RMB [4]. - The exploration area covers 297.8986 square kilometers and the exploration rights are valid for a period of 5 years [3][4]. Group 2: Impact on the Company - The Fanzhong exploration block is located in a national planning mineral area for coalbed methane, which is a key region for exploration and development [5]. - Acquiring this exploration right aligns with the company's strategic focus on coalbed methane, enhancing its resource reserves and expanding its business scale [5]. - The funding for this auction was sourced from the company's own or raised funds, and it will not significantly impact the company's current financial status or operating results [5].

Core Points - Blue Flame Holdings announced that its wholly-owned subsidiary successfully bid for the coalbed methane exploration rights in the Fanzhong block of the Qinshi Basin, Shanxi Province, for 201.384 million RMB [2] - The area of the exploration rights is 297.8986 square kilometers [2] - The company has received the "Notice of Transaction" from the Shanxi Provincial Natural Resources Development Center and will sign the "Confirmation of Transaction" within five working days [2]

Core Viewpoint - Blue Flame Holdings (000968.SZ) announced its participation in the bidding for coalbed methane exploration rights in the Qingshui Basin, Shanxi Province, successfully acquiring the rights for 201 million yuan [1] Group 1: Company Actions - The company decided to participate in the auction for the coalbed methane exploration rights in the Qingshui Basin [1] - Blue Flame Coalbed Methane Group, a wholly-owned subsidiary of Blue Flame Holdings, won the bidding on October 31, 2025 [1] Group 2: Financial Details - The successful bid for the exploration rights amounted to 201 million yuan [1]

Core Viewpoint - The company is implementing comprehensive measures to ensure a stable supply of natural gas during the winter season, focusing on production capacity and operational safety. Group 1: Winter Supply Preparation - The company has completed cleaning operations for 11 gas gathering lines, clearing nearly 500 cubic meters of liquid, with 13 remaining lines expected to be finished by early November [1] - As temperatures drop in the Sulige gas area, the company is mobilizing all resources to prepare for the peak winter gas supply [1][2] - A dynamic analysis meeting was held to plan winter operations, ensuring that production, safety, and material supply are well-coordinated [1][2] Group 2: Equipment and Safety Measures - The company has completed maintenance on 26 natural gas processing units and 32 gas gathering stations to ensure safe and stable winter operations [2] - The operational principle emphasizes early planning and action to prevent freezing issues with personnel and equipment [2] - Detailed assessments of heating equipment and emergency response plans are being conducted to optimize winter protection measures [2][3] Group 3: Organizational Coordination - The company is enhancing its production organization system, focusing on comprehensive planning, production scheduling, and safety [3] - Leadership is actively involved in addressing production issues on-site to ensure smooth operations [3][4] - Various departments are verifying their operational readiness and addressing any gaps in preparation for the winter peak supply [3][4]

Core Insights - The revival of the Jing**-**well, which had been inactive for 337 days due to wellbore issues, marks a significant achievement for the Changqing Oilfield's first gas production plant, with current daily output stabilizing at 20,000 cubic meters [1][4] - The plant has established a special task force for the recovery of long-dormant wells, focusing on revitalizing "sleeping reserves" as a key strategy for increasing production [1][3] Group 1: Recovery Strategies - The recovery of long-dormant wells was prioritized as an annual key task, with 502 dormant wells reviewed and 342 selected for targeted recovery based on remaining reserves and recovery conditions [3] - Techniques such as pressure maintenance work, oil pipe perforation, and nitrogen gas lifting have been successfully implemented in wells like Jing77-62H1, showcasing effective technical recovery methods [3] Group 2: Tailored Approaches - A categorized treatment approach was adopted, with specific recovery plans tailored to individual well conditions, ensuring efficient and effective recovery [3] - The plant has added 144 dormant wells to its recovery plan from March to September, with 117 wells already having recovery plans established [3] Group 3: Long-term Stability - The plant emphasizes the importance of not only reviving wells but also maintaining their production, implementing strict management and monitoring protocols [4] - As of October 24, the plant has successfully restored 440 dormant wells, contributing a total gas output of 609 million cubic meters, transforming previously inactive assets into substantial production support [4]

Core Viewpoint - The article emphasizes the importance of the skeleton pipeline network in ensuring stable gas supply during winter, highlighting the proactive measures taken by the company to maintain operational efficiency and meet downstream gas demand [1][2]. Group 1: Operational Measures - The company has completed cleaning operations on 11 main pipelines, removing a total of 452.95 cubic meters of accumulated liquid to eliminate transportation bottlenecks [1]. - A comprehensive winter supply plan has been developed, with detailed task indicators and a management mechanism that ensures production tasks are delegated from top to bottom, facilitating stable production and supply [1][2]. Group 2: Technological and Maintenance Efforts - The company organized insulation work on 3,582 meters of pipelines and 1,205 valves, along with timely updates to emergency reserve materials to ensure equipment operates normally during winter [2]. - A digital production command system is utilized for real-time monitoring of gas wells, pipelines, and equipment, with increased frequency of inspections and 24-hour monitoring in key areas [2]. Group 3: Production Optimization - A technical task force has been established to implement targeted strategies for both new and old wells based on their production contributions, focusing on fine maintenance and enhancing production through a lifecycle drainage and gas extraction system [2].

Core Viewpoint - The company has made significant breakthroughs in the exploration and development of deep coalbed methane, which has become a new highlight for natural gas production increase in China in 2023 [1] Company Summary - The company's subsidiary, Zhonghai Wobang, is extracting natural gas primarily from deep coalbed methane and tight sandstone gas at depths of approximately 2300-2500 meters [1] - The geological reserves of deep coalbed methane that have been filed amount to 88.7 billion cubic meters [1]

Core Viewpoint - The company is initiating an international talent training program focused on high-sulfur gas field development to enhance English proficiency and cross-cultural communication skills among its workforce [1] Group 1: Training Program Details - The training program officially launched on October 13 by the Puguang branch of Zhongyuan Oilfield [1] - It employs a blended learning approach combining online and offline methods, utilizing modern teaching techniques such as scenario simulation, case analysis, and role-playing [1] - The objective is to improve participants' spoken fluency, precision in professional vocabulary, and adaptability in real work scenarios [1] Group 2: Goals and Outcomes - The training aims to establish a systematic platform for English learning and enhancement [1] - It focuses on strengthening the professional English application abilities and cross-cultural communication and collaboration skills of the trainees [1] - The program seeks to cultivate a group of professionals who possess solid technical expertise along with excellent international communication and cooperation capabilities [1]

Core Insights - The Fuling Shale Gas Company has reported that the cumulative production of conventional natural gas wells in the Fuling shale gas field has exceeded 160 million cubic meters, indicating a positive trend of simultaneous conventional and unconventional production [1] Production and Development - The Longmaxi formation in the Jiaoshiba block is currently the main gas reservoir in the Fuling shale gas field, but the recoverable reserves are gradually decreasing as extraction progresses [1] - To find new gas sources, the company is focusing on new strata and actively conducting evaluations for conventional natural gas, aiming to enhance gas field reserves and production [1] New Exploration Initiatives - The Xiaheba formation, located above the Longmaxi formation, has shown promising gas measurements, prompting the company to collaborate with research institutions to evaluate the development of conventional natural gas in this formation [1] - The company has deployed an evaluation well, Pingqiao 2, in Shuanghe Village, Nanchuan District, Chongqing, overcoming challenges such as identifying small layers and the limited thickness of quality reservoirs, currently achieving an average daily production of 12,800 cubic meters of natural gas [1] Production Strategy - The company is implementing a "one well, one strategy" approach, dynamically tracking production data from conventional natural gas wells and determining reasonable production allocation through capacity evaluation [1] - As of now, the Fuling shale gas field has made breakthroughs in multiple strata, with 11 conventional natural gas wells currently in operation [1] Resource Assessment - The favorable area for conventional natural gas in the Fuling shale gas field is assessed to be 119.92 square kilometers, with a resource volume of 18.21 billion cubic meters [1]

Core Viewpoint - In September, the natural gas production of large-scale industries in China reached 21.2 billion cubic meters, marking a year-on-year increase of 9.4%, with the growth rate accelerating by 3.5 percentage points compared to August [1] Summary by Relevant Categories Production Data - The average daily production of natural gas in September was 710 million cubic meters [1] - From January to September, the total natural gas production of large-scale industries amounted to 194.9 billion cubic meters, reflecting a year-on-year growth of 6.4% [1]