On December 19, the first proven geological reserves of more than 20 million tons of oil and 2 billion cubic meters of natural gas in the Shunqing Oilfield submitted by CNPC Southwest Oil and Gas Field Company successfully passed the review by the Ministry of Natural Resources, marking the birth of the first dense oilfield in the Sichuan Basin. This is the largest crude oil reserve submitted by the Sichuan Basin this year after Fuxing Oilfield submitted shale oil to confirm geological reserves. It is an important replacement force for long-term stable production of unregulated oil and gas resources.

On December 19, the first proven geological reserves of more than 20 million tons of oil and 2 billion cubic meters of natural gas in the Shunqing Oilfield submitted by CNPC Southwest Oil and Gas Field Company successfully passed the review by the Ministry of Natural Resources, marking the birth of the first dense oilfield in the Sichuan Basin. This is the largest crude oil reserve submitted by the Sichuan Basin this year after Fuxing Oilfield submitted shale oil to confirm geological reserves. It is an important replacement force for long-term stable production of unregulated oil and gas resources.