Subscribe free to our newsletters via your
. Space Industry and Business News .




ENERGY TECH
China reports oil extraction success
by Staff Writers
Beijing (UPI) Aug 1, 2012


disclaimer: image is for illustration purposes only

A pilot project in China to obtain oil from complex geological structures has been successful, the country's largest oil and gas producer says.

Data showed the oil-recovery rate using a technique known as polymer flooding in conglomerate layers, a form of hydraulic fracturing also known as fracking, was improved by 10.3 percent and would be further lifted by up to 12.1 percent, the China National Petroleum Corp. said.

The pilot project was conducted in the Xinjiang Uygur autonomous region of northwestern China, where a major oil and gas reservoir is estimated to contain 8.6 billion tons of crude oil reserves and 2.1 trillion cubic meters of gas reserves, China's state-run Xinhua News Agency reported.

The energy-rich region, known as the Dzungarian Basin, is believed to account for more than one-quarter of China's total onshore reserves, experts said.

With the completion of the pilot project, the CNPC said it would expand the test zone and strengthen efforts to develop the basin, Xinhua reported.

.


Related Links
Powering The World in the 21st Century at Energy-Daily.com






Comment on this article via your Facebook, Yahoo, AOL, Hotmail login.

Share this article via these popular social media networks
del.icio.usdel.icio.us DiggDigg RedditReddit GoogleGoogle








ENERGY TECH
Falklands tensions rattle oil investors
Port Stanley, Falkland Islands (UPI) Aug 1, 2012
Diplomatic tensions with Argentina over the Falklands are rubbing salt into the wounds of investors who poured millions into an offshore quest for oil and natural gas that remains disastrously futile. Another oil prospecting company, Borders and Southern, pulled out of the multimillion-dollar exploration into the depths of the Falklands' South Atlantic waters, causing equity losses acro ... read more


ENERGY TECH
Apple, Samsung lawyers spar in court over patents

The Daily iPad news app cuts staff

Microsoft confirms Surface tablet release

Quantifying the Environmental Impact of Structural Materials with B-PATH

ENERGY TECH
US Army awards Raytheon contract to upgrade Advanced Field Artillery Tactical Data System

Boeing-built Legacy UHF Payload Operating on MUOS-1 Satellite

Lockheed Martin Completes On-Orbit Testing of First US Navy MUOS Satellite

Northrop Grumman's RC-12X Airborne Signals Intelligence System Completes 1,000th Mission

ENERGY TECH
The go-ahead is given for Arianespace's August 2 flight with Ariane 5

Initial assembly is completed for Arianespace's fifth Ariane 5 to be launched in 2012

Checkout begins with the Fregat upper stage for Arianespace's third Soyuz mission from French Guiana

ESA studies future of Europe's launch services

ENERGY TECH
Mission accomplished, GIOVE-B heads into deserved retirement

Boeing Ships 3rd GPS IIF Satellite to Cape Canaveral for Launch

GPS Can Now Measure Ice Melt, Change In Greenland Over Months Rather Than Years

SSTL announces the launch of exactView-1

ENERGY TECH
Raytheon achieves delivery and operational milestones on FA-18 avionics systems

E-jet deal opens Venezuela for Embraer

Boeing Integrates Next-Gen Joint Helmet Mounted Cueing System on Silent Eagle

US man points laser at Navy pilots, faces 20 years in prison

ENERGY TECH
How to avoid traps in plastic electronics

HP claims win in legal battle with Oracle

Japan's Toshiba falls into quarterly net loss

World's smallest semiconductor laser created by University of Texas scientists

ENERGY TECH
France orders Google to hand over Street View data

Space Technologies Tackle Human and Environmental Security Problems

Chinese mapping satellite handed over to surveying authority

European data center for GMES Sentinel satellites at DLR

ENERGY TECH
Suez Environment posts sharply lower Q2 profit

Japan firm says China waste claims 'groundless'

Italy steel plant pollution case sparks anger and strikes

Pollution protestors clash with police in China




The content herein, unless otherwise known to be public domain, are Copyright 1995-2014 - Space Media Network. AFP, UPI and IANS news wire stories are copyright Agence France-Presse, United Press International and Indo-Asia News Service. ESA Portal Reports are copyright European Space Agency. All NASA sourced material is public domain. Additional copyrights may apply in whole or part to other bona fide parties. Advertising does not imply endorsement,agreement or approval of any opinions, statements or information provided by Space Media Network on any Web page published or hosted by Space Media Network. Privacy Statement