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Tarim Oilfield sees shortest drilling time for 8,000-meter well in China

Guangzhou (JLC), May 29, 2024--PetroChina Tarim Oilfield completed the drilling of the Fuyuan 304-H2 well in the 8,322-meter underground layer in 89 days, setting a record for the shortest drilling ti

05-30-2024 17:08:31

China to test its first ultra-deepwater drilling vessel on December 22

Guangzhou (JLC), December 18, 2023 – China’s first independently-developed ultra-deepwater drilling and exploration vessel will start its first trial voyage on December 22。

12-18-2023 18:52:45

CNOOC completes all drilling operations in Kenli 6-1 oilfield

Guangzhou (JLC), September 25, 2023--China National Offshore Oil Corporation (CNOOC) completed all drilling operations in the Kenli 6-1 oilfield on September 24, according to China News Service.

09-25-2023 16:24:47

PetroChina starts drilling another 10,000-meter well

Guangzhou (JLC), July 21, 2023 – PetroChina began drilling another borehole of more than 10,000 meters underground in the southwest China’s Sichuan province on July 20.

07-21-2023 16:58:14

PetroChina begins drilling China’s first over-10,000-meter-deep well

Guangzhou (JLC), May 31, 2023 – PetroChina has begun drilling China's first scientific exploration well with a designed depth of 11,100 meters in the Tarim Oilfield.

05-31-2023 19:00:43

PetroChina finishes drilling of new wells for Xiangguosi storage

Beijing (JLC), September 23, 2021--PetroChina Southwest Oil & Gasfeild Company said Wednesday that it had just finished drilling of new wells in the expansion project of Xiangguosi gas storage facility.

09-23-2021 14:34:12

Sinopec completes longest onshore drilling crossing of natural gas pipeline

Beijing (JLC), July 31, 2019--The supporting natural gas pipeline of Sinopec-Kuwait joint-venture refinery built by Sinopec Tianranqi Company has successfully crossed Tongming Strait, Sinopec said on its news website.

07-31-2019 16:18:28

Karamay drilling company sees drilling footage high

As of November 23, CNPC Xibu Drilling Engineering Company Limited Karamay drilling company has drilled 783 wells this year, with 751 completions and an annual footage of more than 1.59 million meters, an increase of 420,000 meters from the previous year

11-28-2018 18:05:52

Chinese deepest natural gas drilling comes online

Chinese first land natural gas drilling over 8,000 meters-Keshen No.902 drilling was put into operation recently with 400,000 cbm/d gas production, adding new source for West-East Gas Pipeline, some insider told JLC.

06-21-2018 16:14:22

Crude price rose as US active drilling wells declined

Bake Hughes released statistics that US active drilling wells decreased 5 in the week ended August 18th, hitting the largest week-on-week decline during seven months. It showed that it was effective for shale oil enterprises to cut producing expenditure recently.

08-21-2017 14:50:19

U.S. oil active drilling wells number recorded a new top resulting in lower oil prices

On March 20th (Monday), as the number of U.S. crude oil active drilling wells increased significantly resulting in more obvious increasing trend in shale oil production, and the supply from OPEC and non-OPEC oil producing countries kept stable overall.

03-22-2017 08:40:51

Oil closing price kept declining with US active drillings increasing

On March 10th, although the declined USD supported the oil price, the increasing active drillings in US weakened the bullish influence brought by OPEC’s production reduction.

03-13-2017 14:17:17

US active petroleum drilling wells slipped for the first time in recent 4 months

According to Baker Hughes, up to October 28th, the number of US active petroleum drilling wells decreased 2 to 441, which was the first slipping since June. What’s more, the total numbers of US active petroleum drilling wells and gas drilling wells increased 4 to 557, dropping 218 YoY.

10-31-2016 11:44:49

Oil prices closed downwards amid increasing drilling wells and stronger dollars

The increasing crude export of Libya and Nigeria and the stronger dollars index which was supported by the positive CPI, hit the oil prices jointly.

09-18-2016 11:55:45

OMV Oil Company will shut down 250 more drilling

OMV Oil Company Peter Zeilinger said that affected by the decline in crude oil prices, OMV planned to shut down 250 more drilling in 2016 after 350 drilling had been closed in 2015.

08-17-2016 11:20:06

The active drilling in US increased by seven

The data released by US Baker Hughes indicated that US crude oil active drilling increased 7 to 381 as of 5th August, which has increased in six-consecutive-weeks.

08-10-2016 10:01:48

Two-thirds of leased drilling platform closed in Pemex

07-07-2016 10:41:24

Honghua Group won drilling contract in Iraq

On July 21st, Honghua Group, a globally leading land drilling machine manufacturer that is located in China, signed a contract valued at $26 million with a company in Iraq.

07-27-2015 17:40:22

Sichuan Accelerates the Shale Gas Drilling Wells Exploration

According to "The National Survey and Assessment shale gas resource potential and favorable area preferred" which issued by the Ministry of Land and gas research center in 2012 China's shale gas estimated total geological resources is 134 trillion cubic meters.

09-17-2014 11:39:23

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