Recently, the National Energy Board released the top ten landmark achievements of national oil and gas exploration and development in 2024, and Yanchang Petroleum's oil and gas equivalent exceeded 20 million tonnes and CCUS technology achievements were selected.
According to the news released by the National Energy Board, in 2024, China's oil and gas industry actively embraced the concept of green transformation and development, accelerated the integration of oil and gas exploration and development with new energy, and continued to promote the cleaner substitution of production energy, the large-scale use of new energy sources, and the development of negative carbon industries such as carbon dioxide capture, utilisation and storage (CCUS)/carbon dioxide capture and storage (CCS), which has contributed to the high-quality development of the upstream oil and gas industry by"adding green and new".Among them, Shaanxi Yanchang Petroleum strengthens the research and development of low-cost carbon dioxide capture for coal chemical industry, non-mixed-phase oil drive for low-permeability tight oil reservoirs, high-efficiency reforming of fracturing to increase production, and safety evaluation and monitoring technology for reservoir-wide spatial carbon dioxide sequestration, so as to guarantee the safe and effective sequestration of carbon dioxide.
At the same time, Yanchang Petroleum steadily pushed forward the projects of "30 years of steady production of more than 10 million tonnes of crude oil" and "doubling the production capacity of 15 billion cubic metres of natural gas", and its annual oil and gas production reached 20 million tonnes in terms of equivalent output, a net increase of 2 million tonnes year-on-year, making an important contribution to the economic and social development of the old revolutionary areas in northern Shaanxi.Economic and social development in the old revolutionary area of northern Shaanxi to make an important contribution to China to add another 10 billion cubic metres of atmospheric field.
Extension of the relevant person in charge of oil, as the province's leading enterprises, extension of the oil to the new national energy security strategy as the leader, to deepen the "three years" activities as a hand, to promote the work, help steady growth. 2024, crude oil for 18 consecutive years to maintain more than ten million tons of steady production increase, natural gas production for the first time more than 10 billion cubic metres, the oil and gas equivalent for the first time exceeded 20 million tons.Oil and gas equivalent exceeded the 20 million tonne mark for the first time.The scientific and technological achievements of the Carbon Dioxide Capture, Utilisation and Storage (CCUS) project were appraised by academicians and experts organised by the China Petroleum and Chemical Industry Federation (CPCIF), and generally reached the international advanced level, with the three technologies of Carbon Dioxide Non-Mixed-Phase Oil Driving (NMPO), Carbon Dioxide Hybrid Fracturing (CO2 Hybrid Fracturing), and Carbon Dioxide Dynamic Storage (CO2 Dynamic Sequestration) of reservoirs being in the leading position in the world.On this basis, Yanchang Petroleum has built China's first whole-process integrated CCUS project, which has been certified by CSLF