A newly discovered large oil and gas field of 100 million tons in China.
The oilfield reported this time is a major breakthrough in the exploration of Shen Man 1 Well located in Tarim Oilfield, Xinjiang, and a regional oil-rich fault zone has been discovered, which has increased 228 million tons of oil resources, which can be said to be of great significance to China's oil storage.
According to the scientific report, the full-depth 1 well is located in the saddle between the two ancient uplifts in Tabei and Tazhong. The target layer is the ancient marine carbonate strata 440 million years ago, and the buried depth is nearly 8,000 meters, mainly fractures and caves. It is not easy to get such a breakthrough alive.
After the discovery, a favorable exploration area of 3,520 square kilometers will be added, which is the basic situation. Tarim basin is the largest petroliferous basin in China, with total oil and gas resources exceeding 6543.8+0.78 billion tons, which is of great significance to the exploration of large oil and gas fields in China, and also shows that our application in petroleum will be more adequate.
Of course, most of them are still based on storage. After all, we also mentioned the future trend of oil. In addition, green roads are also advocated now. The value of oil tends to be stored, and it is more valuable to take it out when it is not used.
Will this affect oil prices?
Of course, for oil, our research results may not have an impact on it, and with the poor market today, the fluctuation is even smaller. Because other parts of the world still export oil, and some countries are big oil exporters, many people are really worried about the fluctuation of oil prices after more oil is discovered. According to the April 10 report, the recent decline in international oil prices is indeed serious. In May, WTI crude oil futures fell by 2.45 USD, or 9.39%, to 23.63 USD/barrel. In June, Brent crude oil futures price fell 1. 18 USD, or 3.57%, to 3 1.87 USD/barrel.
Judging from this situation, the sharp drop in oil prices is true. Of course, it is mainly because the market has been affected. Affected by the increase in crude oil supply and the weak fuel demand caused by the COVID-19 epidemic, international oil prices have fallen sharply. So it's normal for oil prices to plummet today. Of course, our newly added 228 million tons of oil resources may not have such a big impact. As mentioned above, we can basically maintain the import mode, so we don't have to worry about the "fluctuation" of oil prices. This is a common situation, not to mention that our oil price may fall.
Is there a lot of inexhaustible oil on our planet?
It is true that we see a lot of news about the discovery of oil every day, but is it really inexhaustible? Subconsciously, the oil may run out. Its formation principle is also controversial now, mainly two theories. The first theory of biological oil generation, most geologists believe that oil is gradually formed by long-term compression and heating of ancient organic matter. According to this situation, if this is the formation mode, then oil is scarce, but it may not be exhausted, but the formation process is long. If 1 batch is used up, it may be formed later.
The second abiotic oil generation theory holds that there is already a lot of carbon in the earth's crust, and some carbon exists naturally in the form of hydrocarbons. Therefore, in view of these two situations, it seems that oil is formed in a natural state, which also illustrates a problem. Oil may really be "inexhaustible", but only one of them has been formed for a little longer, so there may be a shortage.
Generally speaking, regardless of the current oil price trend, the discovery of super oil fields in China and the formation of oil, we should give priority to saving, because the impact of oil on the ecological environment can be said to be enormous, which has maintained an "opposite" model with our ecological environment. This is the basic situation.