Among China's new petroleum resources, shale oil occupies an increasingly important position. Ten years ago, after evaluation, foreign experts concluded that shale oil in the Bohai Bay Basin had no commercial mining value. Today, China's first national demonstration zone for shale oil has been built here. The cumulative oil production has exceeded 2.2 million tons, and 200 million ton oil fields in Xinxing and Xinhe have also been discovered. Today, Shengli Jiyang shale oil's estimated resource volume has reached 10.52 billion tons, which is equivalent to “growing” a “new victory” under the Shengli Oilfield plot of land. Guo Xusheng, director of the National Key Laboratory of Enrichment Mechanisms and Efficient Development of Shale Oil and Gas, said, “China's landlocked shale oil has no precedent to follow in the world. We are following a path of complete independent innovation. In 2025, the country's shale oil production will exceed 8.5 million tons, which is more than ten times that of 2018. This means that our country has taken the energy job into its own hands and has a realistic strategy to take over.”
Zhitongcaijing · 2d ago
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Among China's new petroleum resources, shale oil occupies an increasingly important position. Ten years ago, after evaluation, foreign experts concluded that shale oil in the Bohai Bay Basin had no commercial mining value. Today, China's first national demonstration zone for shale oil has been built here. The cumulative oil production has exceeded 2.2 million tons, and 200 million ton oil fields in Xinxing and Xinhe have also been discovered. Today, Shengli Jiyang shale oil's estimated resource volume has reached 10.52 billion tons, which is equivalent to “growing” a “new victory” under the Shengli Oilfield plot of land. Guo Xusheng, director of the National Key Laboratory of Enrichment Mechanisms and Efficient Development of Shale Oil and Gas, said, “China's landlocked shale oil has no precedent to follow in the world. We are following a path of complete independent innovation. In 2025, the country's shale oil production will exceed 8.5 million tons, which is more than ten times that of 2018. This means that our country has taken the energy job into its own hands and has a realistic strategy to take over.”
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