China's Sinopec discovers shale gas resources in Hunan province

10 January 2012 07:41  [Source: ICIS news]

GUANGZHOU (ICIS)--China’s Sinopec has discovered shale gas resources at its first exploration well at Lianyuan city in Hunan province early this month, the company said in a statement late on Monday.

The company completed drilling activities at the Xiangye No 1 well on 8 October last year and produced more than 1,000 cubic metres (cbm)/day of gas in the trial stage, according to the statement on Sinopec’s website.

Sinopec expects that commercial production at the well may reach 20,000-100,000 cbm/day.

The volume of reserves at the well has yet to be discovered, Sinopec said.

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By: Fanny Zhang
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