SPT Energy Group announced that it has completed a staged fracturing service operation for PetroChina’s Third Shale Gas Well by the end of April and that it has been successful in identifying reserve flows of industrial oil and gas.
This staged fracturing operation has not only validated the indicated capacity of horizontal wells in the target shale bed, but has also established the applicable ancillary technologies for horizontal well completion, and a data backing for evaluation of the puberty and oil and gas concentration of that shale bed. Moreover, it has brought together valuable technical strengths and experiences to exploration and development into unconventional oil and gas resources in China, including shale gas.