The
Chinese
state
oil
player
tested
12-15
cubic
metres
of
oil
a
day
from
the
Qinye
HF1
well
in
Qinyang
basin
after
multiple
portions
of
hydraulic
fracturing,
according
to
its
in-house
newsletter
China
Petrochemical
News,
Reuters
reported.
The
newsletter
said
shale
layers
were
mostly
trapped
in
the
deep
parts
of
the
Qinyang
basin
over
an
area
of
400
square
kilometres.
The
company
called
it
a
"big
breakthrough"
in
a
continental
basin,
an
area
Chinese
firms
believe
is
more
geologically
challenging
compared
to
a
marine
basin.
China
has
since
late
2009
embarked
on
a
campaign…