Exploration

China reports 14% drop in 2020 oil, gas exploration spend

Seismic activities significantly dropped even though the number of exploration wells is on the rise.

Fracking facilities at Sinopec's drilling pad in Sichuan basin
Fracking facilities at Sinopec's drilling pad in Sichuan basinPhoto: SINOPEC
  • Xu Yihe
Singapore
ChinaMinistry of Natural ResourcesAsia & OceaniaEast Asia
Published 10 December 2021, 09:08Updated 10 December 2021, 09:08