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Live Updates  >  Live Update Details

2026-05-25 08:47:49

[Shengli Jiyang Shale Oil Production Exceeds 2 Million Tons After Overcoming Technical Challenges] It was learned today from Sinopec that the cumulative production of the Shengli Jiyang Shale Oil National Demonstration Zone, my country's first national-level demonstration zone for shale oil in a continental rift basin, has exceeded 2 million tons. Unlike conventional oil, shale oil is stored in dense rock fissures and cannot flow naturally. It is generally buried deeper and the oil layers are scattered, making it a globally recognized world-class challenge in the field of oil and gas exploration and development. Through independent innovation, the research team overcame more than 40 key technologies, innovatively forming a shale oil exploration and development theory adapted to continental rift basins. They pioneered the "reservoir-fracture-pressure" development technology system, successfully transforming 90% of the previously untapped shale oil resources in the region into high-quality reserves that can be effectively extracted, and successively discovering three oil fields with reserves exceeding 100 million tons. To date, the Shengli Jiyang Shale Oil National Demonstration Zone has reported a cumulative proven reserve of 327 million tons and an estimated resource volume of 10.5 billion tons. This is equivalent to discovering a completely new large-scale oilfield on top of the existing production capacity of the Shengli Oilfield, laying a solid resource foundation for the stable production and increase of crude oil in eastern my country and for the stable succession of energy strategies. (CCTV)

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