DRILLING

New discovery wells drilled at Junggar Basin

The official publication of the China National Petroleum Corp, Zhongguo Shiyou Bao, has announced...

According to the publication, “The designed depth of the Mo No.10 oil well is 4,560 metres. It began to emit natural gas on March 30 and has been producing 22 cubic metres of oil and 100,000 cubic metres.”

“High-yield oil and gas flows were obtained at the Dixi No.10 oil well on March 31. It is now producing 195,000 cubic metres of gas, and 3.2 cubic metres of oil daily. It is estimated to have a gas reserve of 10 billion cubic metres,” added publication.

It is expected the successful exploration of the two wells will provide the impetus for prospecting prospects in the northwestern and eastern sections of the Basin. The central section of Junggar will remain the hub for oil and gas prospecting.

TOPICS:

A growing series of reports, each focused on a key discussion point for the energy sector, brought to you by the Energy News Bulletin Intelligence team.

A growing series of reports, each focused on a key discussion point for the energy sector, brought to you by the Energy News Bulletin Intelligence team.

editions

ENB CCS Report 2024

ENB’s CCS Report 2024 finds that CCS could be the much-needed magic bullet for Australia’s decarbonisation drive

editions

ENB Cost Report 2023

ENB’s latest Cost Report findings provide optimism as investments in oil and gas, as well as new energy rise.

editions

ENB Future of Energy Report 2023

ENB’s inaugural Future of Energy Report details the industry outlook on the medium-to-long-term future for the sector in the Asia Pacific region.

editions

ENB Cost Report 2021

This industry-wide report aims to understand current cost levels across the energy industry