News Oil & Gas

CNPC’s Tarim Oilfield constantly increases oil, natural gas output

The Tarim Oilfield, operated by the China National Petroleum Corporation (CNPC), China’s leading oil and gas producer, has produced 6.6 million tons of crude oil so far this year, a record high, China Media Group (CMG) reported on Sunday.

The “Hade-Fuman” bloc of the oilfield has recently accelerated its production, with crude oil production capacity rising by an additional 500,000 tons per year, the report said, citing CNPC.

The bloc has produced 2.66 million tons so far this year, increasing 340,000 tons year-on-year, laying a foundation for the overall new record of crude oil output by the oilfield, Li Xuguang, the head of the “Hade-Fuman” oil and gas production bloc said.

Located in Tarim Basin, the Tarim oilfield is a major petroliferous basin in Northwest China’s Xinjiang Uygur Autonomous Region.

The oilfield’s extra-deep gas field, the Kela-Keshen gas field, has produced more than 200 billion cubic meters of natural gas as of November 11, 2022, providing stable gas supplies to the country’s West-to-East Gas Transmission Pipeline, significantly contributing to China’s green and low-carbon development.

In 2022, the Tarim Oilfield stepped up efforts to expand its production capacity, with 115 new oil wells being dug and all have entered operation. A total of 30 8,000-meter extra-deep wells have completed drilling, also a record high, CNPC said.

The drilling period for the 8,000-meter extra-deep wells has been shortened to 360 days from 600 days, the report said, citing a senior oilfield engineer.

The Tarim Oilfield is the largest ultra-deep oil and gas field in China, and a significant natural gas source of the country’s West-to-East Gas Transmission Pipeline. At present, the oilfield’s daily production of crude oil reaches 20,000 tons and natural gas is 92 million cubic meters. It is expected that the annual oil and gas production of the oilfield will exceed 33 million tons.
Source: Global Times

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