China discovers new coalbed methane field

Time:2023-10-25 10:38:53      Source:Xinhuanet.com
China National Offshore Oil Corporation (CNOOC) on Monday announced the discovery of a deep coalbed methane (CBM) field in northwest China's Shaanxi Province, with proved reserves exceeding 110 billion cubic meters.
 
The discovery of the Shenfu deep CBM field, located at the eastern edge of Ordos Basin, in Yulin City will contribute to national energy security, said CNOOC CEO Zhou Xinhuai.
 
CBM refers to natural gas stored within coal seams. Deposits discovered at depths exceeding 1,500 meters are known as deep CBM.
 
The coal seam of the Shenfu deep CBM field is about 2,000 meters deep and the thickness of a single layer is between 6.2 meters and 23.3 meters, with average gas content per tonne of coal reaching 15 cubic meters.
 
Currently, over 100 exploratory wells have been dug in the area, with a maximum daily gas output of 26,000 cubic meters per well.
 
CNOOC will continue to intensify its efforts to increase onshore unconventional gas exploration and development to ensure the national energy security, Zhou said.
Index RMB/t DoD Basis Date
Datong 5500 455 0 ex-mine 07-01
Shuozhou 5200 445 0 FOR 07-01
Ordos 5500 420 0 ex-mine 07-01
Yulin 6200 540 0 ex-mine 07-01
Liulin Low-sulphur 565 0 ex-mine 07-01
Gujiao Low-sulphur 1095 0 FOR 07-01
Xingtai Low-sulphur 1210 0 ex-Factory 07-01
Yangquan PCI 795 0 FOR 07-01
Index RMB/t WoW WoW% Date
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