Sinopec breaks vertical well depth record by drilling 8,866 m in Sichuan Basin, China

Thats very impressive – and I am not being facetious here. Drilling that deep is a feat in itself but I ask myself if it will ever contribute to a better energy supply for China. Because what I am looking for is not the deepest hole or the most impressive engineering feat but rather the most economical way to produce oil and gas. Thats what enabled shale in the US as it once was thought of as being too expensive to even bother. But relentless innovation, trying new things, failing, pruning back, and trying it again has made a resource once thought of as unworthy the single factor that gave North America the lowest prices for Natural gas on the planet. Not deep holes.

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