Exploration and development have great potential, and coalbed methane is expected to become an important growth point for increasing natural gas production in our country.
As a major coal country, our country has abundant coalbed gas resources, widely distributed, and great potential for exploration and development. It is expected to become an important growth pole for increasing natural gas production in our country. The geological resource potential of coalbed gas is enormous in our country. By 2024, our country has discovered three deep coalbed gas fields with reserves of more than one trillion cubic meters in the Ordos Basin, with geological proven reserves exceeding 500 billion cubic meters. In recent years, PetroChina has deployed 159 horizontal wells in the Dagji gas field, with the highest daily gas production of 160,000 cubic meters and the highest cumulative production of over 70 million cubic meters. Sinopec produces 400 million cubic meters of coalbed gas annually in the Yanchuan South block, achieving commercial scale development of medium to deep coalbed gas. CNOOC has discovered deep coalbed gas reserves exceeding 110 billion cubic meters in the Shenfu block in northeast Ordos. According to experts' predictions, by 2035, our country's annual production of coalbed gas will reach 40 billion to 50 billion cubic meters, becoming the most realistic natural gas replacement resource after tight gas and shale gas.
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