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Tarim Oilfield output exceeds 28 mln tonnes oil equivalent in 2019

Release Date:2019-12-27 17:49:41     Source:Xinhua     Author:huaxia

Keshen 605 well at the Tarim Oilfield in Aksu, northwest China's Xinjiang Uygur Autonomous Region, July 7, 2017. (Xinhua/Shen Hong)

The oilfield's output is expected to reach 30 million tonnes of oil equivalent by 2020 and 36 million tonnes by 2025.

The Tarim oilfield branch of PetroChina, China's largest oil and gas producer, said Wednesday they have produced over 28 million tonnes of oil equivalent of crude oil and natural gas in 2019.

The output, which was about 1.76 million tonnes more than that of 2018, included about 5.67 million tonnes of crude oil and about 28.05 billion cubic meters of natural gas, according to the company.

The oilfield's output is expected to reach 30 million tonnes of oil equivalent by 2020 and 36 million tonnes by 2025, the company said.

Located in northwest China's Xinjiang Uygur Autonomous Region, Tarim Basin is the largest petroliferous basin in China and one of the most difficult to explore due to its harsh ground environment and complicated underground conditions.

As China's third-largest onshore oil and gas producer, the natural gas output of the Tarim Oilfield accounted for one-sixth of China's total domestic gas output.

The company said natural gas from the oilfield has benefited about 400 million residents of over 120 cities and more than 3,000 enterprises.

 

Editor:Cherie

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