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China starts drilling Asia’s deepest oil well
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China starts drilling Asia’s deepest oil well
Energy-hungry China has started drilling what it says will be Asia’s deepest oil and gas well, state media said.
State-owned Sinopec plans for the Chuanke No. 1 Well in southwest Sichuan province to reach a depth of 8,875 metres (30,000 feet) – more than the height of Mount Everest, Xinhua news agency reported.
It will take the company, Asia’s largest oil refiner, 676 days and 300 million yuan (39 million dollars) to complete the project, according to Xinhua.
But if the past is any guide, the work could eventually be in vain.
In July 2006, China completed drilling of the 8,408-meter Tashen No. 1 Well, in the Tahe oil field in northwest China’s Tarim Basin – but discovered no gas.
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