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    PetroChina Reports Gas Find in Sichuan Basin

Summary

The discovery is close to the major gas producing area.

by: Shardul Sharma

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PetroChina Reports Gas Find in Sichuan Basin

PetroChina’s southwest subsidiary has made a gas discovery with an estimated resource of over 1 trillion m3 in the Sichuan province, PetroChina said on May 7.

The PetroChina Southwest Oil & Gasfield Company completed a successful test in Daying County, and reported an output of 1.2mn m3/day. The discovery is close to the gas field in the Sichuan basin’s Gaoshiti-Moxi area where natural gas production capacity is 15bn m3/year, the company said.

PetroChina Southwest Oil & Gas Field Company engages in oil and gas exploration, development and marketing in Sichuan basin.