[Haichuan Chemical Salary News] A large oil and gas field is expected to be discovered in the Keping North area of Tarim Basin
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China Industry News, 5 hours ago · Official account of China Industry News. Recently, Beijing Energy Group Co., Ltd. (hereinafter referred to as BEG) stated that given the significant importance of the oil and gas exploration breakthroughs achieved in the Keping North area of the Tarim Basin in Xinjiang, as well as the notable results achieved in poverty alleviation efforts, BEG plans to increase its investment in exploration and accelerate the pace of exploration. The goal is to carry out scientific planning, comprehensive development, and orderly extraction in the Keping North area, thereby improving the utilization rate of oil and gas resources and establishing large-scale oil and gas fields as soon as possible. It is understood that in November 2019, Well Ketan 1, drilled by Jingneng Group in Keping County, Aksu, produced a high-volume gas flow of 1.14 million cubic meters per day from the Wusongger Formation of the Lower Cambrian period (at depths of 3686–3698 meters); its unobstructed flow rate reached 2.2 million cubic meters per day. It is the well with the highest production, the shallowest burial depth, and the oldest strata among the exploratory wells that have achieved breakthroughs in the Tarim Basin in recent years (including Well Zhongqiu 1, Well Bozi 9, Well Luntan 1, Well Mandshen 1, etc.). The breakthrough at Well Ke 1 marked the beginning of oil and gas exploration in an area of over 20,000 square kilometers within the Keping fault uplift belt, representing the first major success in exploring new areas and new strata for oil and gas in the surface uplifts along the edge of the Tarim Basin. The industry believes that this is an **important achievement in advancing the pilot programs for reforming exploration rights for conventional oil and gas; it will encourage many domestic companies to actively participate in these pilot programs aimed at reforming the exploration and exploitation of conventional oil and gas**.
To alleviate the shortage of domestic oil and gas resources, **efforts were made to advance the pilot reforms regarding exploration rights for conventional oil and gas; in 2015, the first round of bidding was conducted for 5 blocks. In 2015, Jingneng Group participated in the bidding process for oil and gas exploration blocks organized by the former Ministry of Land and Resources, and won the bid for the exploration block in the Beikeping area of the Tarim Basin in Xinjiang. In 2016, an exploration plan was prepared and approved; in 2017, 2D seismic surveys and comprehensive geological studies were carried out, resulting in the discovery of 4 salt-dwelling structural traps. Among these, the structural trap No. 1 in the eastern area covers an area of 193 square kilometers, with an estimated oil and gas resource equivalent of 140 million tons, and estimated reserves ranging from 50 to 100 billion cubic meters ； In 2018, the first exploration well was selected and drilled based on 2D seismic data; after completion in 2019, testing was carried out, resulting in a major breakthrough in the Wusongger Formation.
The northern block of the Keping Uplift is located on the northwest edge of the Tarim Basin; it is a zone from which CNPC has withdrawn, with low levels of prior oil and gas exploration and a lack of data. The geological conditions in this area are extremely complex, the laws governing ore formation are not clear, construction is difficult, and exploration risks are high; it is thus known as the \"exploration no-go zone\" of the Tarim Basin. During its exploration efforts, Jingneng Group discovered large Paleozoic anticline traps for the first time, identified the hydrocarbon source rocks of the Shuolubulake Formation for the first time, and found gas detection anomalies in the Wusongger Formation for the first time, thereby confirming the Precambrian formation system responsible for hydrocarbon accumulation in the Keping Uplift.
Regarding the breakthrough achieved in Well Ke Tan 1, Kang Yuzhu, an academician of the Chinese Academy of Engineering, commented: “The breakthrough in Well Ke Tan 1 represents a milestone-style achievement in the discovery of new areas and new stratigraphic units within the Lower Cambrian period in the Tarim Basin; it has unlocked the potential for oil and gas exploration in the 20,000 square kilometer Keping fault uplift zone.” It also marked the beginning of oil and gas exploration in the 20,000-square-kilometer Keping fault uplift belt, with the aim of finding large oil fields. Secondly, it plays an important guiding and leading role in the exploration for oil and gas in the Kulukege uplift, Alshan uplift, and Tiekelike uplift surrounding the Tarim Basin. ”
Jingneng Group has finally made progress in moving upstream – congratulations! Has the coal chemical industry downstream been given up?
Coal chemical industry – he probably no longer has any advantages, unless he uses money to overwhelm his competitors
It has provided raw materials for the downstream development of oil and gas resources in southern Xinjiang