The Shengli Oilfield produced 23.5916 million tons of crude oil in 2024, marking a YoY increase of 140,000 tons, with shale oil production surpassing 500,000 tons for the first time, as CCTV ...

Renowned Chinese petroleum and chemical corporation, Sinopec Shengli Oilfield (SINOPEC) is using Xerafy Xplorer RFID tags in field tests, to track the down-hole pipes on its onshore oil site, believed ...

JINAN, Dec. 18 (Xinhua) -- Powered by intelligent technologies, China's Shengli Oilfield has achieved the capability to drill shale oil wells to depths almost 6,000 meters in just 17.7 days.

The Jiyang shale oil zone, part of the older Shengli oilfield, is estimated to hold a resource of 10.5 billion tonnes (bt). Out of this, 1.73bt are identified as prospective reserves. Despite the ...

Renowned Chinese petroleum and chemical corporation, Sinopec Shengli Oilfield (SINOPEC) is using Xerafy Xplorer RFID tags in field tests, to track the down-hole pipes on its onshore oil site, believed ...