KEYFACT Energy
On November 15th, Sinopec struck sizeable oil and gas flows in the Yuejin 3-3XC well of its Project Deep Earth NO.1 in the Tarim Basin, with a daily hydrocarbon flow of 200 tonnes in liquids and 50,000 cubic meters in gas. The drilling footage was up to 9432 meters deep, breaking the record of the deepest onshore well in Asia.
The drilling was commenced on May 1st and completed on October 26th within a span of 177 days. The remarkable success proves that China's Deep Earth technologies are now in the front rank of the world, which paves the way for breaking 10,000-meter ultra depth both in technologies and equipment manufacturing in the upcoming future.
KeyFacts Energy: Sinopec Group China country profile