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Tarim oilfield discovers fracture zone with over 200 mln tonnes of oil reserves

Release time:2020-04-16 11:18
source:Xinhua
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URUMQI,April8(Xinhua)--TheTarimoilfieldbranchofPetroChina,China'slargestoilandgasproducer,saidWednesdaytheyhaddiscoveredanewfracturezonewithpetroleumreservesof228milliontonnes.

Theoilfield'soutputisexpectedtoreach30milliontonnesofoilequivalentby2020and36milliontonnesby2025,thecompanysaidinlateDecember.

LocatedinnorthwestChina'sXinjiangUygurAutonomousRegion,TarimBasinisamajorpetroliferousbasininChinaandoneofthemostdifficulttoexploreduetoitsharshgroundenvironmentandcomplicatedundergroundconditions.Enditem