PetroChina Sets Changqing Production Goals

Monday, October 28, 2019

China's top oil and gas producer, PetroChina, aims to produce 25 million tonnes of crude oil per annum and 42 billion cubic meters (bcm) of natural gas at its Changqing field by 2020, the Gansu provincial government backed media reported on Monday, citing a company spokesman.

The spokesman said that the Changqing field also set a target of churning out 28 million tonnes per annum of crude and 45 bcm of gas by 2025.

Changqing, in the Ordos basin in Inner Mongolia, is China's biggest gas field.

PetroChina in September said in a statement that it found additional proved original oil in-place of 358 million tonnes at the Qingcheng oilfield in Gansu province.


(Reporting by Muyu Xu and Dominique Patton, editing by Louise Heavens)

Categories: Oil Production Natural Gas

Related Stories

Saipem Lands $425M Turkish Gas Contract in Sakarya Expansion

PV Drilling’s Jack-Up Rig Returns to Asia Ahead of April Drilling Ops

Russia Gives ExxonMobil More Time to Exit Sakhalin-1 Oil and Gas Project

Eni Expands Asian Footprint with Long-Term LNG Contract in Thailand

CNOOC Puts New South China Sea Development Into Production Mode

ADES Nets $63M Contract for Compact Driller Jack-Up off Brunei

Major Oil and Gas Projects Drive Strong OSV Demand in the Middle East

US Pressure on India Could Propel Russia's Shadow Oil Exports

PV Drilling Takes Ownership of Noble Corporation’s Stacked Jack-Up Rig

CNOOC Brings Online Another Oil and Gas Project in South China Sea

Current News

Saipem Lands $425M Turkish Gas Contract in Sakarya Expansion

OE’s 2025 Top of the Festive Video Pops: Santa Goes Offshore

India Seeks $30B from Reliance, BP Over Gas Shortfall at Offshore Fields

PV Drilling’s Jack-Up Rig Returns to Asia Ahead of April Drilling Ops

South Korean Firm Buys Into Indonesian Offshore Oil Block

Petronas, CNOOC Ink LNG Sale and Purchase Agreement

Russia Gives ExxonMobil More Time to Exit Sakhalin-1 Oil and Gas Project

Yinson Production Cuts First Steel for Vietnam-Bound FSO

CNOOC Makes Major Oil Discovery in Bohai Sea

DOF Bags Two Deals in Asia-Pacific Region

Subscribe for AOG Digital E‑News

AOG Digital E-News is the subsea industry's largest circulation and most authoritative ENews Service, delivered to your Email three times per week

https://accounts.newwavemedia.com