HIGH TECH POSTING E&D SUCCESSES IN CHINA

Advanced technology is drawing credit for China's progress in exploration and development. Exploration in and near eastern China's Shengli oil complex has been aided by introduction of 3-D seismic surveying, giving a significant boost to the estimated resource there. Meanwhile, a surge in horizontal drilling hit China this year, and the country is applying the technique in eight of its producing areas. Exploration in Shengli complex China's second largest oil producing area, has