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The annual output of Xinjiang's Jimsar shale oil field tops 500,000 tonnes. /CFP
The Xinjiang branch of PetroChina, China's largest oil and gas producer, announced that it has produced more than 17 million tonnes of crude oil and natural gas this year, a record high.
The Xinjiang Oilfield Company said they had drilled 722 wells in Xinjiang's Junggar Basin this year, extracting 14.09 million tonnes of crude oil and 3.75 billion cubic meters of natural gas.
"This year, we accelerated the natural gas and oil exploitation and technological innovation in Mahu, a mega oilfield with a proven oil reserve exceeding 1 billion tonnes, and Jimsar, a national-level demonstration zone for continental shale oil, which strongly supported the new breakthroughs in oil and gas production in Xinjiang Oilfield," said Dai Yong, director of the exploitation division of the company.
Xinjiang Oilfield was the first large oilfield built after the founding of the People's Republic of China. It centers on the exploration and development of the Junggar Basin, which includes scientific research, oil and gas pre-exploration, reservoir evaluation, as well as oil and gas exploitation, production, storage, transportation and sales.
The company has developed 33 oil and gas fields, producing nearly 430 million tonnes of crude oil and 99 billion cubic meters of natural gas.
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Copyright © 2023 CGTN. 京ICP备16065310号
Disinformation report hotline: 010-85061466