Sinopec Exploration Southern Co., a subsidiary of Sinopec Group, signed an agreement with ConocoPhillips China focusing on shale gas exploration and production research for the Qijiang block in the Sichuan Basin, said the Sinopec Group on December 25.
The Qijiang block is located in the southeast area of Sichuan Province. Exploration of the block is challenged by complex geological conditions, and the fact that the main target layer is buried deeply.
The research project will cover an area of 3,917 square km, with the cooperation period scheduled to last 24 months.
The project will evaluate the potential of shale gas exploration in the area, and enhance the engineering technology level of shale gas exploration at Sinopec. |