PetroChina Xinjiang discovers large-scale reservoirs or exceeds 10 million tons

China Energy Network News According to media reports, China National Petroleum Corporation announced in its internal newsletter on Monday that its subsidiary, China National Petroleum Corp., has won industrial oil flows in the northwestern region of Xinjiang, where the oil-rich Xinjiang Mobei Oilfield is expected to increase. Ten million tons of scale reserves.

The wells 121 and 122 in the Mo 116 well area of ​​the Mobei Oilfield, where the oil flow was discovered, were located in the Junggar Basin in Xinjiang. According to the assessment, the total oil resources in the Junggar Basin reached 8.6 billion tons, and the total natural gas resources are 2.1 trillion cubic meters. As of now, the oil and gas proved amounts in the Junggar Basin are only 21.4% and 3.64% respectively.

The company said that the entire well-packed high-quality dilute oil reservoir has been identified in the well area and Xinjiang is expected to have a new production capacity of nearly one million tons.

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