On January 15, Sinopec announced that the Fuling Shale Gas Field, one of the main sources of natural gas for the Sichuan-to-East Gas Transmission project, has recently brought 15 new wells into production. This has led to a daily output of more than 25 million cubic meters of gas, setting a new record for this year’s supply season.
Source: The Paper
On January 15, Sinopec announced that the Fuling Shale Gas Field, one of the main sources of natural gas for the Sichuan-to-East Gas Transmission project, has recently brought 15 new wells into production. This has led to a daily output of more than 25 million cubic meters of gas, setting a new record for this year’s supply season. The additional capacity provides 600,000 cubic meters of gas per day, enough to meet the daily energy needs of nearly 5 million households, delivering clean, green energy to the Yangtze River Economic Belt.
After over a decade of development, Fuling Shale Gas Field has faced challenges, including rapid production declines in older areas and significant gas supply responsibilities. The technical team has adhered to a strict approach of "one area, one strategy" and "one well, one strategy," establishing a digitalized reservoir management platform and continuously improving water drainage and gas extraction technologies. As a result, the overall decline rate has been kept under 12%, with production indicators consistently outperforming industry standards. These efforts have extended the field’s operational life and optimized resource utilization. In 2024, the field’s existing wells are expected to produce more than 7.7 billion cubic meters of gas, playing a critical role in ensuring stable gas supply during the winter months.
As China’s first large-scale shale gas field to achieve commercial production, Fuling began operations in March 2014. By 2017, it reached an annual production capacity of 10 billion cubic meters. The field has since proven shale gas reserves exceeding 1 trillion cubic meters. In 2024, the field’s annual output is expected to hit 8.5 billion cubic meters, and its shale oil production is forecast to exceed 30,000 tons for the first time. The field continues to supply clean, green energy to more than 70 cities along the Yangtze River Economic Belt, benefiting over 200 million people.