Big news! China National Petroleum Corporation discovered a large oil field with a capacity of over 100 million tons here!

Big news! China National Petroleum Corporation discovered a large oil field with a capacity of over 100 million tons here!

Good news from PetroChina Changqing Oilfield

After two years of hard exploration,

The oil field is located in the Hongde area of Huanxian County, Gansu Province.

A large integrated oil field with geological reserves exceeding 100 million tons was discovered

Marks the fault in the western Ordos Basin

Major breakthrough in oil exploration in fractured areas

Opened up new areas of oil exploration and development in the western part of the basin

The Ordos Basin is a treasure trove of oil and gas resources in my country. After more than 50 years of development and construction, Changqing Oilfield has built a world-class extra-large oil and gas field with an annual output of 65 million tons. Hongde Oilfield is located in the western region of the basin where geological conditions are extremely complex. Due to intertwined geological faults and fractures, more than ten years of exploration and research have still failed to achieve a breakthrough. Since June 2021, Changqing Oilfield has relied on three-dimensional seismic technology to cover large areas to support and guide oil exploration. It has once again deployed the Hongde area to find structural oil reservoirs. In two years, 23 exploration wells have obtained high-yield industrial oil flows, of which 3 The well's daily oil production exceeds 100 tons.

So far, Changqing Oilfield has submitted proven oil reserves of more than 50 million tons and predicted oil reserves of 56.2 million tons in this area. A large oil field exceeding 100 million tons is slowly revealing its "true face" in Mount Lu.

More than 20 exploratory wells in Hongde Oilfield have achieved high-yield oil flows, of which 3 wells have achieved high yields of more than 100 tons.

Oil exploration in the Hongde area has made rapid breakthroughs, and oil field development has also accelerated. The current daily crude oil production level has reached 504 tons. The discovered oil reserves have created a crude oil production capacity of 500,000 tons per year, opening up new impetus for increasing crude oil reserves and production in the western part of the basin, and providing strong support for China's largest oil and gas field to continue to ensure national energy security.