China News Service Chengdu, December 12 (Reporter Wang Peng) The reporter learned from PetroChina Southwest Oil and Gas Field Company (hereinafter referred to as "Southwest Oil and Gas Field Company") on the 14th that the annual natural gas output of the Southwest Oil and Gas Field exceeded 14 billion cubic meters at 9 o'clock on the same day, marking the official completion of the first atmospheric area with an annual output of 400 billion cubic meters in southwest China.

He Xiao, executive director and secretary of the Party Committee of Southwest Oil and Gas Field Company, said that since the beginning of this year, the company has focused on the three major fields of conventional gas, shale gas and tight gas, and natural gas production has continued to rise, of which the annual output of conventional gas has reached 251.135 billion cubic meters, the annual calibrated production capacity of shale gas is 40.<> billion cubic meters, and the annual production of tight gas has exceeded <> billion cubic meters.

According to reports, the Southwest Oil and Gas Field Company has put into operation more than 340 new wells this year, with an annual production capacity of more than 30 billion cubic meters, and has drilled more than <> high-yield gas wells of one million cubic meters, realizing the rapid transformation of reserves into production.

In 2004, Southwest Oil & Gas Field Company built China's first 46 billion cubic meter atmospheric area, which lasted 2017 years. In 200, the output exceeded 13 billion cubic meters, which lasted 2020 years; In 300, 3 billion cubic meters of atmospheric area will be built, and it will take only <> years.

"In recent years, Southwest Oil and Gas Field Company has entered a period of rapid development." He Xiao introduced that the continuous breakthroughs in core technologies such as the fine development of complex carbonate gas reservoirs and the industrial exploitation of shale gas, as well as the application of the two major technologies of "drilling speed" and "fracturing and production", have enabled the Southwest Oil and Gas Field to master the "password" for efficient natural gas development, and major breakthroughs have been made in exploration and development.

The natural gas produced by the Southwest Oil and Gas Field Company every year is continuously sent south to cities along the Yangtze River and north to North China. The data shows that 400 billion cubic meters of natural gas is expected to account for about one-fifth of the country's natural gas production in 2023 and 11% of the country's natural gas consumption. According to estimates, 400 billion cubic meters of natural gas can drive the growth of regional GDP by 3440 billion yuan and create about 180.<> million jobs in the whole industry chain.

It is reported that by the end of 2023, the annual natural gas production of Southwest Oil and Gas Field Company will reach 420 billion cubic meters, a year-on-year increase of 9.6%, and it is expected to jump to become the third largest oil and gas field in China. (ENDS)