SINOPEC Oilfield Development Progress and Next Key Work Deployment

Since SINOPEC carried out the action plan of dramatically improving oil and gas exploration and development in 2019,oilfield development front has actively overcome the impact of disadvantage factors such as sharp fluctuations in oil prices,recurrent COVID-19 and withdrawal of nature reserves,fully implemented the decision and deployment of company group’s party leadership,focused on improving productivity,controlling decline,increasing recoverable capacity and reducing cost,adhered to the detailed reservoir understanding,precise plan deployment,detailed supporting processes and actuarial development benefits for strengthening the construction of production efficiency,paid close attention to the detailed development of old oilfields,enhanced the promotion and application of significantly improved oil recovery technology,put forth effort on consolidating the foundation of stable production,to make sure the production stable and rising,and oil production exceeded the planned target during the period from 2019 to 2022.In 2022,35.32 million tons oil were produced,with an increase of 0.16 million tons,marking the largest increase in the nearly past four years.

Sinopec's Non-fuel Profit Rises Significantly in First Half of 2016

China’s largest oil refiner China Petrochemical Corporation,also known as Sinopec Group,saw its non-fuel sales surge 43 percent in the first half of this year amid falling crude oil prices.The Beijing-based company’s non-fuel profits rose 42 percent from January to June,while sales of its retail oil products grew 3.

Technical Challenges and Countermeasures for Deep Shale Gas Drilling by SINOPEC

Deep shale gas reservoirs being developed by SIN OPEC are characterized by significant buried depths,high rock strengths, high temperatures and pressures, multiple layers, low ROPs, prolonged drilling time and prohibitoryhigh costs. All of these factors may negatively affect the economic and effective development of shale gas.Under such circumstances, existing drilling techniques for deep shale gas around the world have been reviewed to highlight technical challenges in deep shale gas drilling in China. With consideration to the previous drilling operations of SINOPEC for deep shale gas, technical solutions for deep shale gas drilling have been proposed with regard to the optimization of casing programs, enhanced drilling, trajectory control, high-density oil-based drilling fluid, cementation for deep shale gas development and other aspects. Some of these research findings have been deployed with great successes in Pingqiao, Jiangdong Block in the 2 nd Phase of Fuling Project, Dingshan Block and other blocks with deep shale gas development. Among them, Well JY-74-2 HF has had a drilling time of only54.25 d, whereas Well JY-187-2 HF has a TVD up to 4024.14 m. Relevant research results may provide valuable guidance and references for the optimization of drilling programs andthe enhancement ofdrilling efficiency for deep shale gas development.

SINOPEC Turbo Oil 1航空润滑油与Mobil Jet OilⅡ航空润滑油的相容性及国产化路径

为逐步推进航空发动机油的国产化,对国产SINOPEC Turbo Oil 1合成航空润滑油与进口Mobil Jet OilⅡ合成航空润滑油的相容性进行了考察。按SINOPEC Turbo Oil 1∶Mobil Jet OilⅡ依次为1∶9,5∶5,9∶1的质量比对混合后的航空润滑油的理化性能,泡沫特性,高温氧化安定性,热安定性,橡胶相容性及润滑性能进行了评价。混合后的航空润滑油的性能符合MIL-PRF-23699G(STD)—2014规格的要求,相容性良好,可以混合使用。借助于中国民航体系产品储备的完善,实现SINOPEC Turbo Oil 1的国产化及商业应用。(图0表6参考文献5)

Energy Consumption and Analysis on Energy Saving Measures at SINOPEC's Large Refineries

这篇文章总结进程单位的精力消费和在最近的年里构造或修理的 10 个 Mt/a 类精炼厂的全面精力消费。节省在这些精炼厂的设计采用的措施的精力被分析并且讨论。最后，这篇文章也做评价并且以后在精炼厂为能量守恒在目的上提出建议。

Application of Air Separation Unit in SINOPEC's Coal Chemical Business

With the rapid growth of coal chemical industry in China, the selection and application of Air Separation Unit(ASU) became very important. As the core unit in coal chemical industry, ASU will greatly impact the engineering construction and operation/production of coal chemical business. In this paper, major suppliers of ASU at home and abroad were reviewed, and the major supplying status of ASU in China was introduced. The ASUs in operation of SINOPEC were listed and discussed. On this basis, some suggestions of ASU selection strategies were provided on localization, standardization and operation methods.

Application of Hydrocracking Process for Upgrading Tail Oil Quality in 1.0 Mt/a Hydrocracker Unit at SINOPEC Yangzi Petrochemical Company

This article focuses on the hydrocracking technology for upgrading the quality of tail oil and the first commercial application of the RN-32V/RHC-1 catalysts in the 1.0 Mt/a hydrocracker at the Yangzi Petrochemical Company, which was started up successfully in September 2008. One month after start-up of the hydrocracking unit, an evaluation operation has been conducted for assessing the catalysts performance. The technical calibration results showed that the RN-32V/RHC-1 catalysts had high activity, and the product yield distribution was reasonable. The hydrocracker can provide abundant feedstocks for the downstream aromatic production unit and ethylene production unit.

Sinopec Focuses on Sustainable Business Development

Sinopec Corp., China’s largest oil refiner, saw its oil and gas output rise 4.83 percent year-on-year in 2012 to 427.62 million barrels of oil equivalent, according to preliminary data released recently by the oil giant. The company’s crude oil production grew 2.04 percent to 328.28 million barrels in 2012. About 93.4 percent

Advances in Sinopec's Shale Gas Drilling Technologies

In order to economically and effectively develop shale gas in China, Sinopec introduced foreign technologies and integrated them with available domestic technologies and self-developed tools according to geological characteristics and complicated mountainous geomorphology in marine shale plays of southern China. A technology series composed of innovated theories concerning geological characterization during drilling, new generation of PDC bits, friction-reducing tools, low-cost oil-based drilling fluid system, high-efficient washing fluid and elastic mud systems, integrated drilling engineering design, long lateral cementing, modified well factory drilling method and etc., was developed to fulfill fast and optimized drilling for shale gas wells. The application of the technology series in about 251 wells of Fuling gas field, Chongqing City, southwestern China, showed positive results: mechanical rotating speed increased by 191%, drilling duration reduced by 53%, and quality passing percent 100%.

Sinopec Commits to Cleaner Production and Fuels

China Petrochemical Corporation,or Sinopec,has issued a report on its efforts at environmental protection a first for a Chinese company.The report cites strategies of China’s biggest oil refiner by capacity to reduce environmental impact,as well as implementation of lower-carbon fuels and less-polluting production methods."The18th CPC National Congress created a blueprint for a better tomorrow of promoting ecological progress and building a beautiful China,"said Li Ganjie,vice minister of environmental protection."Chinese industrial companies should play a leading role in

Present Situation and Prospect of Oil Exploration and Development for Sinopec

Present situation of oil exploration and development Conventional oil exploration and development(1)Resource bases.By the end of 2007,Sinopec has owned 351 exploration blocks in 64 onshore basins and 4 offshore basins,with a total area of 1,027,300 square kilometers(km2).

Sinopec Sees Satisfactory Half-Year Business Results

Sinopec，中国的第二个最大的油制片人，在 8 月 26 日宣布它在到 349 亿元(46 亿美元) 的从去年的一样的时期的在 65.3% 的 2007 玫瑰的第一一半的纯利。为企业企业从中国财务标准基于统计数字， Sinopec 在第一一半的操作收入是 5668 亿元(746 亿美元) ，在上一年的一样的时期上代表 15.4% 的增加。公司的基本收入以前从一年每股票是 0.403 元，在 65.3% 上面。

Progress in the Ultradeep Well Drilling Technology of SINOPEC

Ultra-deep formations in China contain rich hydrocarbon resources.In recent years,the number of ultradeep wells has been continuously increasing.However,efforts to facilitate tlte drilling and exploration of these ultra-deep reservoirs are facing many challenges,such as complicated formation pressures,complicated formation lithologic features,complicated formation fluids,difficulties in the accurate calculation of formation parameters,difficulties in borehole structure design optimization,instabilities in the performances of drilling fluid and key cementing materials/systems,high temperature-resistance and pressure-resistance requirements for downhole tools and instruments,complicated engineering problems,and slow drilling speeds.Under such circumstances,it is very difficult to ensure the performance of such drilling operations.In order to address these challenges,SINOPEC has developed relevant drilling technologies for ultra-deep wells in complicated geological conditions through intensive research on accurate descriptions of complex geologic characteristics,borehole structure design optimization,fast drilling techniques for deep and hard formations,temperature-resistant highdensity drilling fluid,anti-channeling cementing in high-pressure gas wells,borehole trajectory control in ultra-deep horizontal wells and other key technologies.These technologies can provide sound engineering and technical support for tlte exploration and development of hydrocarbon resources in ultra-deep formations in China.

Prospect of Sinopec's Exploration for Natural Gas

Current state of Sinopec’s exploration for natural gasDistribution of exploration area and resource baseSinopec now owns the exploration right of 364 blocks, with the acreage about one million square kilometers. The company mainly carries out exploration for oil and

Sinopec Promotes Effective Development of Proven Undeveloped Reserves

Proven undeveloped reserves (PUDs) refers to discovered proven reserves that are difficult to develop, require high costs for production, have low commercial value or are temporarily not put into commercial development under the existing technological and economic conditions. Sinopec’s PUDs are dominated by deep-and ultra-deep reservoirs with ultra-low permeability, high-density, low-pressure coefficient and low abundance. These oil reservoirs have narrow storage space and complex storage status, leading to difficulties in predicting effective reservoirs, low single-well production, high production cost and difficulties in benefit generation. Since the “13th Five-year Plan” period, Sinopec’s upstream sector in China has taken the effective development of PUDs as an important measure to ensure national energy security. It has made every effort to promote innovation, cost reduction and reform to generate benefits, made a series of new technological progress and management achievements, and effectively revitalized a batch of resources.

Sinopec-a Warm Hand Pushing Forward the Geothermal Energy Utilization in China

On 4th July,2022,a campaign for boosting the acceptance of geothermal energy utilization among the public was co-sponsored by the China Association for Science and Technology and SINOPEC,one of the three state-owned oil majors in China.The campaign marks the very first geothermal energy exhibition in the country.

SINOPEC with a More Digitalized Downstream

Sinopec,also known as China Petroleum&Chemical Corporation,is a giant vertically integrated energy company.Slightly different from its domestic peer PetroChina,Sinopec is more focus on its downstream operations,which the company gets most of its revenue from.Despite the fact that Sinopec pumps more than a million barrels of oil equivalents per day,its strength lies in its vast oil refining,petrochemical manufacturing,and oil marketing and distribution businesses.According to the company's annual report for the year of 2017,Sinopec is China's largest oil products and chemical supplier with domestic sales of 142 billion barrels of gasoline,kerosene and diesel.

Sinopec’s Hydrogen Ambition and Challenge

Hydrogen is one the clean energy forms or maybe the most clean energy form of all as it produces only water,electricity and heat when consumed in a fuel cell.With more frequent extreme climate events that caused damage and cost lives around world in the past few years,the call for replacing fossil energy including coal,oil and even natural gas(that are hold liable for these losses)with more sustainable and cleaner energy forms is loud.Hydrogen has been regarded as one of the viable and important solutions to fight against climate changes.