During the "14th Five-Year Plan" period, 4 new oil fields were discovered, and the third-level reserves were added for three consecutive years to achieve "three 100 million tons"
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As an important old oil field in eastern China, Shengli Oilfield is promoting energy reserves and production, shale oil exploration and green and low-carbon transformation during the "14th Five-Year Plan" period.
China News Service, Dongying, October 14th (Zhou Yiwei) "Finding new victories under the decisive deep victory", "Making new breakthroughs in greatly improving oil recovery technology in old oil fields", "Building the first million-ton full-chain CCUS demonstration project in China"... On October 14th, Sinopec Shengli Oilfield (hereinafter referred to as "Shengli Oilfield") "the ten landmark achievements in implementing Duanlao Energy Rice Bowl" were released in Dongying, Shandong.
The picture shows the conference site of the ten landmark achievements. Photo courtesy of Shengli Oilfield
During the "14th Five-Year Plan" period, Shengli Oilfield discovered 4 new oil fields, added three 100 million tons of third-level reserves for three consecutive years, and produced a total of 117.55 million tons of crude oil. Crude oil production has achieved "arrow upwards" for three consecutive years after stable production for 6 years. In the first nine months of this year, 17.778 million tons of crude oil were produced, exceeding plan by 20,600 tons.
In addition to the above-mentioned achievements, the ten landmark achievements also include "building the first national-level demonstration zone for continental faulted lake basin shale oil in China" "building a new paradigm of new oil and gas integration of 'green power-green heat-green oil fields'" "efficient construction and operation of oil and gas stations and warehouses to ensure national energy security" "digital intelligence empowerment drives changes in oilfield production methods" "engineering technology integration innovation promotes new breakthroughs in exploration and development" "lean petroleum engineering management broadens value creation" "integrated model helps create a vibrant upstream".
The picture shows the first stop of the carbon dioxide transportation pipeline of the million-ton CCUS full-chain demonstration project in Sinopec Shengli Oilfield. (Data map) Photo provided by Shengli Oilfield
At the ceremony, 10 publishers introduced the ten landmark achievements in detail. The reporter noticed that in terms of exploration and development, Shengli Oilfield broke through the forbidden area of industry development, rewrote textbook laws, and innovatively formed a technical system to significantly increase oil recovery represented by chemical flooding and low permeability pressure flooding of different types of reservoirs. In the past five years, the oil recovery rate in old areas increased by 0.3 percentage points annually on average, and the cumulative increase in recoverable reserves was more than 80 million tons.
In terms of shale oil, Xinxing Oilfield has become China's first 100-million-ton shale oil field that has been reviewed and filed by the Ministry of Natural Resources. It has reported cumulative proven reserves of 327 million tons and an annual oil production of 700,000 tons in 2025. In July this year, the Shengli Jiyang Shale Oil National Demonstration Zone passed acceptance inspection, with a cumulative oil production of more than 2.2 million tons.
The picture shows the Shengli Jiyang Shale Oil National Demonstration Zone. (Data map) Photo provided by Shengli Oilfield
In terms of technological innovation, Shengli Oilfield has established ten innovation teams that integrate science and industry, equipped with a "R&D-Test-Feedback-Iteration" rapid transformation mechanism. The independently developed new oil-displacing agent won the gold medal at the 50th International Exhibition of Inventions of Geneva. It undertook the first major national science and technology project on new energy in the domestic oil and gas field, and built high-end platforms such as the National Key Laboratory and the National Energy Shale Oil R&D Center. The first "source grid load storage" smart energy platform in the domestic oil and gas field was launched, with more than 48,000 oil and water wells and more than 2,300 stations and warehouses achieving full digital coverage.
In terms of green and low-carbon, Shengli Oilfield has built China's first million-ton full-chain CCUS demonstration project, which has been in operation for more than 1,600 days and has stored more than 1.4 billion standard cubic meters of carbon dioxide. The daily oil production of the block has increased from 220 tons to 525 tons. It has been certified as a flagship project by the Global Carbon Storage Leaders Forum. The installed photovoltaic capacity reaches 660 MW, the proportion of green electricity has increased to 26%, and the annual clean heating capacity is 3.52 million GJ.
Yang Yong, the main person in charge of Sinopec Shengli Oilfield, said that in the past five years, the Party Committee of Shengli Oilfield and the Party Committee of Shengli Petroleum Engineering Company have planned and implemented the "63371" and "16537" overall development ideas. The quality and scope of various tasks have been improved, and a number of major landmark results have emerged, drawing a new answer sheet for Shengli Oilfield.
Facing the future, Yang Yong said that Shengli Oilfield will focus on answering the era's test questions of "both green development and energy security", insist on industry-based questions and scientific and technological answers, activate new momentum, cultivate new advantages, create new engines, and contribute more to China's securing of energy jobs.

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