China's deepest geothermal well ready for utilization

Time:2024-11-12 10:18:41      Source:Xinhuanet.com

China's deepest geothermal exploration well, Fushenre-1, has been completed on Wednesday and is now ready for utilization, marking a milestone in the country's exploration of this underground renewable energy to advance its carbon reduction goal.

The well, situated in the southern Chinese island province of Hainan, has been drilled to an impressive subterranean depth of 5,200 meters, penetrating a granite formation that is 250 million years old, the Science and Technology Daily reported on Thursday.

Within this ancient structure, a geothermal resource with temperatures exceeding 188 degrees Celsius has been found, which is a significant discovery for the region's renewable energy potential.

Geothermal energy is a stable and low-carbon form of renewable energy with large reserves and widespread distribution, said Guo Xusheng, chief geologist of Sinopec.

After the successful drilling in April, Sinopec managed to fracture the rock, inject cold water and extract heat. The well is poised to be developed into a research and development platform for the industrial transformation of high-temperature geothermal resources.

Prior to this development, the utilization of geothermal resources in China was predominantly focused on shallow and medium-deep ones. The state-owned company has already established a geothermal heating capacity of nearly 100 million square meters and constructed several regional geothermal heating projects.

Index RMB/t DoD Basis Date
Datong 5500 450 0 ex-mine 06-13
Shuozhou 5200 435 0 FOR 06-13
Ordos 5500 415 0 ex-mine 06-13
Yulin 6200 535 0 ex-mine 06-13
Liulin Low-sulphur 570 0 ex-mine 06-13
Gujiao Low-sulphur 1095 0 FOR 06-13
Xingtai Low-sulphur 1210 0 ex-Factory 06-13
Yangquan PCI 770 0 FOR 06-13
Index RMB/t WoW WoW% Date
Qinhuangdao 620.0 -38.0 -5.78 06-12
Caofeidian 528.0 -39.0 -6.88 06-12
Huanghua 178.3 -12.0 -6.31 06-12
Guangzhou 290.0 13.0 4.69 06-12
coastal 6PPs 1629.8 44.7 2.82 07-02
North Ports 2697.8 53.0 2.00 02-01
Yangtze River delta 1242.5 -74.7 -5.67 02-01
South Ports 2233.4 -216.0 -8.82 02-01
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