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Ohio Utica Shale

China company reports shale success in Sichuan province

By Bob Downing Published: January 29, 2014

From Bloomberg News last week:

By Aibing Guo

Jan. 23 (Bloomberg) -- China Petrochemical Corp., Asia’s biggest refiner, made a "strategic breakthrough" in shale gas exploration in southwest China’s Sichuan province.

The company also had a significant advance in shale gas exploration technologies, Chairman Fu Chengyu said in a statement on the company’s official microblog at amid its annual work conference in Beijing from Jan. 20 to 22. The new technologies have been applied in the Sichuan project, Fu said, without elaborating.

China Petrochemical may produce as much as 550,000 cubic meters of shale gas a day from its fields in Sichuan’s Fuling, according to a Jan. 15 report from the research arm of China National Petroleum Corp., the country’s biggest oil and gas explorer.

Southwest China, which includes Sichuan, and the Upper Yangtze River area account for 40 percent of the country’s estimated 25.08 trillion cubic meters of shale gas reserves, the world’s largest, according to the Ministry of Land and Resources. China aims to produce 6.5 billion cubic meters of shale gas by 2015 and as much as 100 billion cubic meters by 2020, from almost zero commercial output in 2013.

China Petrochemical will scale back investment in 2014 and focus on improving returns and efficiency of current projects, Fu said. The company will "deepen all-around reforms internally" and work to streamline management mechanisms at its domestic and overseas units, he said, without elaborating.

Crude Output

Crude oil production rose 1.4 percent and natural gas output increased 10 percent in 2013, China Petrochemical said on its microblog, without providing comparable or absolute numbers for oil and gas production. Oil processing increased 4.8 percent from a year earlier.

Overseas oil and gas production in 2013 increased 33 percent from the year before and the refining business returned to profit, General Manager Wang Tianpu said in the post, published on Jan. 21 and confirmed by a spokeswoman today.

The company, the parent of Shanghai- and Hong Kong-listed China Petroleum and Chemical Corp., known as Sinopec, said in January last year that crude oil output increased 455,000 tons and natural gas output added 2.3 billion cubic meters in 2012.

Sinopec is expected to release annual production numbers in March. It produced 428 million barrels of oil equivalent, or 60.2 million tons, in 2012.

Fu and Wang were disciplined earlier this month for a Nov. 22 crude pipeline explosion in the eastern Chinese city of Qingdao that killed 62 people. China Petrochemical will strengthen work safety measures to prevent similar accidents, Fu was quoted saying.

China National Petroleum, the parent of listed unit PetroChina Co., produced more than 300 million metric tons of oil and gas in 2013, the Beijing-based company said on Jan. 17.

Cnooc Ltd., China’s biggest offshore oil and gas producer, plans to produce 422 million to 435 million barrels of oil equivalent, a 5.6 percent increase from a year earlier, in 2014, it said on Jan. 20. The company produced 412 million barrels of oil equivalent last year, including 61 million barrels from unit Nexen Inc. in Canada.



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Utica and Marcellus shale web sites

Ohio Department of Natural Resources' Division of Oil and Gas Resources Management State agency Web site.

ODNR Division of Oil and Gas Resources Management. State drilling permits. List is updated weekly.

ODNR Division of Geological Survey.

Ohio Environmental Protection Agency.

Ohio State University Extension.

Ohio Farm Bureau.

Ohio Oil and Gas Association, a Granville-based group that represents 1,500 Ohio energy-related companies.

Ohio Oil & Gas Energy Education Program.

Energy In Depth, a trade group.

Marcellus and Utica Shale Resource Center by Ohio law firm Bricker & Eckler.

Utica Shale, a compilation of Utica shale activities.

Landman Report Card, a site that looks at companies involved in gas and oil leases.FracFocus, a compilation of chemicals used in fracking individual wells as reported voluntarily by some drillers.

Chesapeake Energy Corp,the Oklahoma-based firm is the No. 1 driller in Ohio.

Rig Count Interactive Map by Baker Hughes, an energy services company.

Shale Sheet Fracking, a Youngstown Vindicator blog.

National Geographic's The Great Shale Rush.

The Ohio Environmental Council, a statewide eco-group based in Columbus.

Buckeye Forest Council.

Earthjustice, a national eco-group.

Stop Fracking Ohio.

People's Oil and Gas Collaborative-Ohio, a grass-roots group in Northeast Ohio.

Concerned Citizens of Medina County, a grass-roots group.

No Frack Ohio, a Columbus-based grass-roots group.

Fracking: Gas Drilling's Environmental Threat by ProPublica, an online journalism site.

Penn State Marcellus Center.

Pipeline, blog from Pittsburgh Post-Gazette on Marcellus shale drilling.

Allegheny Front, environmental public radio for Western Pennsylvania.