BEIJING, May 4, 2023 /PRNewswire/ — China Petroleum & Chemical Corporation (HKG: 0386, “Sinopec”) has initiated the drilling of Project Deep Earth 1-Yuejin 3-3XC Well (“the Well”) on May 1 in the Tarim Basin, Xinjiang Uyghur Autonomous Region. With a design depth of 9,472 meters, it will be the deepest oil and gas well in Asia and a breakthrough of milestone significance in China’s ultra-deep oil and gas exploration, which now has world-leading technological and equipment capabilities.
Sinopec Starts the Drilling of Asia’s Deepest Oil and Gas Well in Tarim Basin
Tag: China Petroleum & Chemical Corporation
China Heralds Another Major Oil Discovery
China’s state-run China Petrochemical Group, Sinopec, says it has discovered a massive oilfield in the Tarim Basin, containing 1.7 billion tons of oil reserves.
The discovery is the result of exploration in the Shunbei oil and gas field, said to be one of the deepest commercial fields in the world, in the country’s Xinjiang region.
China Heralds Another Major Oil Discovery
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I’m sure Halliburton would love to get their hands on that oil! Oh wait, that was Iraq!
Ms. Cat’s Chronicles 