Shanghai, September 18th, 2011 - Energy giant Sinopec has discovered a natural gas field with nearly 160 billion cubic meters of proven reserves deposited close to 7 kilometers underground, a company subsidiary said yesterday.
The Yuanba gas field in Sichuan Province is the deepest gas field in marine strata found in China, with deposits as deep as 6,950 meters, according to Sichuan-based Sinopec Exploration Southern Company.
The field contains 159.25 billion cubic meters of reserves. Planned annual output will be 3.4 billion cubic meters by 2015, the company said.
Taking forecast reserves into account, total reserves at Yuanba could reach 828.6 billion cubic meters, said Guo Xusheng, general manager of the subsidiary company.
Sinopec discovered Puguang, the country's second-largest gas field, in Sichuan. Shanghai Daily
The Yuanba gas field in Sichuan Province is the deepest gas field in marine strata found in China, with deposits as deep as 6,950 meters, according to Sichuan-based Sinopec Exploration Southern Company.
The field contains 159.25 billion cubic meters of reserves. Planned annual output will be 3.4 billion cubic meters by 2015, the company said.
Taking forecast reserves into account, total reserves at Yuanba could reach 828.6 billion cubic meters, said Guo Xusheng, general manager of the subsidiary company.
Sinopec discovered Puguang, the country's second-largest gas field, in Sichuan. Shanghai Daily
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