China Finds Shale Gas Deposit in Guizhou Province
Sinopec has discovered a major shale gas deposit in China’s Xishui County of Guizhou Province.
According to a Ministry of Land and Resources statement released Wednesday, the shale gas well, Dingye-2HF reached a depth of 4,417 metres.
Maximum daily output was expected at 105,000 cubic meters while average daily output could be about 43,000 cubic meters.
According to the Ministry, the gas well is the deepest so far in the country.
China is looking to exploit its shale gas resource to reduce dependence on imported fuel and enhance its energy security.
According to a shale gas plan for 2011-2015, China aims to produce 6.5 billion cubic meters of shale gas annually by 2015.
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