Shale Gas Field Discovered in China's Guizhou Province
China Geological Survey (CGS) on Friday said large shale gas and oil field has been discovered in China’s Guizhou Province.
Geologists discovered four layers of shale gas and oil gas in Anye Well 1 in Zunyi, CGS said, adding that a test conducted in one of the layers resulted in steady daily output of 100,000 cubic meters.
The accessible gas reserve in the well is estimated at about 100 billion cubic meters.
Last year, geological survey by local government said Guizhou province has 1.95 trillion cubic meters (tcf) of recoverable shale gas resources. Guizhou has 13.54 trillion cubic meters of shale gas resources with seven potential shale gas-bearing strata.
With greater focus on green energy, China has been increasing investment in shale gas sector in an effort to commercialize the resources. Ministry of Land and Resources (MLR) said country’s shale gas output reached 4.47 bcm in 2015, up almost 259 percent on year.
Earlier this week, Sinopec said shale gas field in southwest China's Chongqing municipality has produced 2.7 billion cubic meters (bcm) of gas during the first six months of 2016.
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