The first shale oil field in the southwest of our country was born.

date
03/08/2025
On July 31st, it was learned from the news office of China Petrochemical Corporation that the initial oil production of 2010.06 million tons and proven geological reserves of 12.352 billion cubic meters of natural gas in the Fuxing Oilfield, submitted by the exploration branch of China Petrochemical Corporation and Jianghan Oilfield, have successfully passed the review of the Ministry of Natural Resources. This marks the birth of the first shale oilfield in the Sichuan Basin of China, as well as the first oilfield in Chongqing. It represents a strategic breakthrough in the exploration and development of shale oil in the southwest region of China, opening up a new frontier for shale oil and gas exploration in the Sichuan Basin and increasing reserves. This achievement holds significant strategic importance for the exploration and development of shale oil in the southwest region of China.