Sinopec Completes Drilling of China's Deepest Geothermal Exploration Well of 5,200 Meters

Next, Sinopec will carry out extensive research and field tests at Fushen-1 Well to establish the first platform integrating research, education, and experimentation of deep geothermal in South China, and explore to formulate theoretical methods and technical systems applicable to the region and help China to achieve the "Dual-Carbon" goal. Next, Sinopec will carry out extensive research and field tests at Fushen-1 Well to establish the first platform integrating research, education, and...

Next, Sinopec will carry out extensive research and field tests at Fushen-1 Well to establish the first platform integrating research, education, and experimentation of deep geothermal in South China, and explore to formulate theoretical methods and technical systems applicable to the region and help China to achieve the "Dual-Carbon" goal.

The development and application of deep geothermal has promising prospects, as a stable, reliable, green, and low-carbon renewable energy resource, it has the advantages of large reserves, wide distribution, and is environmentally friendly. According to the China's geological surveys, the hot dry rock geothermal resources within the range of 3 kilometers to 10,000 meters underground in China's land area are equivalent to 856 trillion tons of standard coal, and if only 2 percent of them are extracted, they can reach 2,993 times the annual energy consumption of China in 2023.

Sinopec is committed to become China's leading enterprise in the development and utilization of geothermal energy. It has an accumulated geothermal heating capacity of nearly 100 million square meters with several multi-million-square-meter regional geothermal heating projects already built and in operation.

Sinopec has tackled a series of core technologies to achieve high-efficiency exploration, and has taken the lead to produce over 50 percent of industry standards as well as China's first international geothermal association standard. In 2023, Sinopec also hosted the 7th World Geothermal Congress (WGC2023) in Beijing.

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