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The total production of shale gas from the Fuling shale gas field has exceeded 40 billion cubic meters! On October 8, Sinopec announced that China’s first commercially developed large-scale shale gas field, the Fuling Shale Gas Field operated by Sinopec, has produced a total of 40 billion cubic meters of shale gas, setting a new record for cumulative shale gas production in the country. Setting the Chinese pace for shale gas field development: In recent years, China has attached great importance to the exploration and development of shale gas, designating it as a strategic emerging industry. Chongqing ranks among the top in China in terms of shale gas reserves, offering very broad prospects for development. Since 2011, Sinopec has carried out large-scale drilling operations in the Chongqing area to intensify the exploration and development of shale gas. By the end of 2012, the Jiaoye 1HF well was successfully drilled in Jiaoshiba, Fuling, and flow tests yielded a high production rate of 203,000 cubic meters per day, marking the beginning of commercial development of shale gas in the Fuling field as well as in China. The Fuling shale gas field was the world’s first major commercial discovery of shale gas outside North America at that time; Sinopec attached great importance to it and carried out development and construction work at a high level and at rapid pace. In March 2014, the gas field entered commercial development ahead of schedule, becoming China’s first large-scale shale gas field to do so. This made China the third country in the world – after the United States and Canada – to achieve commercial development of shale gas. In 2017, the Fuling shale gas field achieved its target production capacity of 10 billion cubic meters per year. It is possible to reduce carbon dioxide emissions by 12 million tons per year, which is equivalent to planting 110 million trees or stopping 8 million cars from running. It took only 5 years for the Fuling shale gas field to grow from scratch to a value of 10 billion. Subsequently, in 2018, 2020, and 2021, the cumulative gas production of this gas field exceeded 20 billion cubic meters, 30 billion cubic meters, and 40 billion cubic meters respectively, surpassing four thresholds of 10 billion cubic meters each and achieving leapfrog development. By innovating its management models and adopting a approach centered on \"market-oriented operations, project-based management, and professional services,\" Jianghan Oilfield fosters mutually beneficial cooperation with local communities. Aiming to match the standards of world-class enterprises, it has achieved the \"Chinese speed\" in the development of the Fuling shale gas field. Currently, the drilling and fracturing timelines for this gas field have been reduced by about 50% compared to the initial period. It was found that Well Jiaoye 1HF has been in operation for over 3,000 days in a row, while Well Jiaoye 6-2HF has produced more than 330 million cubic meters of gas in total; these wells continue to hold the two records for the longest operating time among shale gas wells in China and the highest total gas production per well. The successful development of the Fuling shale gas field has set a new milestone in China’s energy development history and initiated a new chapter in the country’s energy revolution. Providing a Chinese model for global challenges: The Wuling shale gas field has parameters comparable to those of typical marine shale fields in North America. However, due to more complex geological conditions and more sensitive ecological environments, the exploration and development of shale gas in China presents greater technical challenges. Since the full-scale development of the Fuling shale gas field began, the scientific researchers working there have taken on the challenge of addressing global difficulties in shale gas development – issues such as a complex tectonic background, numerous faults, fractured strata, and deep burial depths of the target reservoirs – all without any prior experience to draw upon. Starting from scratch, Sinopec has continued to explore and innovate, developing five major technical systems for shale gas development, including segmented fracturing and testing in horizontal wells as well as green development methods; these systems have laid the theoretical and technical foundation for the large-scale exploration and development of shale gas in China ； Developed China’s first comprehensive technical system for the integrated development of shale gas, reaching international advanced levels ； All key equipment developed independently has been localized, breaking the foreign technological monopoly. In 2014, the 5th World Shale Oil and Gas Summit awarded Sinopec the \"International Pioneer Award for Shale Oil and Gas\" in recognition of this significant discovery in shale gas. In 2018, the “Efficient Exploration and Development of Large-Scale Marine Shale Gas Fields in Fuling” project won the **First Prize for Scientific and Technological Progress**. In 2015, the Fuling **-class shale gas demonstration zone was officially established. It was China’s first **-class shale gas demonstration zone and, at that time, the largest shale gas field outside North America. It played a significant role in guiding shale gas exploration and development in China, and it provided a Chinese model for shale gas development worldwide, receiving positive feedback from the international community. Faced with the world-class challenge of shale gas exploration and development, Sinopec is not afraid of the challenges. In October 2020, as determined by the Ministry of Natural Resources, the proven reserves of the Fuling shale gas field reached 792.641 billion cubic meters. Emphasizing green and low-carbon development to promote economic growth, shale gas is primarily composed of methane and serves as a clean, efficient energy source as well as a raw material for the chemical industry. It is widely used in residential gas supply, urban heating, power generation, automotive fuel, and chemical production. Since the beginning of this year, the Fuling shale gas field has produced over 5.3 billion cubic meters of shale gas in total. At present, its daily gas output is nearly 20 million cubic meters, enough to meet the daily gas needs of 40 million households (equivalent to all the households in Chongqing). As one of the key sources of gas for China’s Sichuan-to-East China pipeline project, and as an important resource foundation for Sinopec’s initiative to develop the gas infrastructure along the Yangtze River economic belt, the Fuling shale gas field provides a continuous supply of green gas. This supply benefits more than 70 cities in 6 provinces along the Yangtze River economic belt, serving over 200 million residents, and it lays a solid foundation for ensuring a stable supply of natural gas and supporting the high-quality development of enterprises in that region. While continuously enhancing the supply of green energy and promoting sustainable economic and social development, the Fuling shale gas field also places great emphasis on environmental protection in its own development process, thus pursuing a path of high-quality growth that is friendly to the environment. The Fuling shale gas field development area is characterized by high mountains and dense forests, resulting in very limited available land resources; land is therefore extremely precious to the local residents. During the development and construction of gas fields, the principle of intensive land use is adhered to to minimize land occupation. Techniques such as the \"cluster well\" design, \"well factory\" construction, and centralized construction of gas collection stations are employed, resulting in a reduction of more than 30% in the land required per well. The Fuling shale gas field has also put into operation China’s first water treatment plant for shale gas production, ensuring that no waste residues are left on the ground, no wastewater is discharged outside, and no exhaust gases are released into the air. The gas field has maintained the goal of having no safety or environmental issues for 9 consecutive years, and was recognized by the Ministry of Natural Resources as a \"green model\" for shale gas development. To accelerate the energy transition, ensure **energy security**, and help achieve the \"dual carbon\" goals, the Fuling shale gas field has made significant contributions.