Report summarySinopec Corp operates the Zhongyuan Oil Fields which lie in the southwest of Shengli Oil Fields and stretches across the Shandong and Henan provinces. The reservoir formations in Zhongyuan are characterised by high pressure and temperatures, which has resulted in technical challenges associated with exploration and development. Infill drilling, capacity buildups and Enhanced Oil Recovery (EOR) techniques have been used extensively to offset production decline.
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