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

CNOOC Starts Production at Another Oil Field in South China Sea

Nong Yao C Development Bolsters Valeura’s Production Rates Off Thailand

India Opts Out of Buying Gas from Russia's Sanctioned Arctic LNG 2 Project

MacArtney Asia Named Regional Reseller for Select Teledyne Products

CNOOC Maintains Steady Oil Production as Bebinca Typhoon Crosses East China Sea

OPEC+ Has Oil Price and Demand Problems. It Should Solve Demand

Santos Pens Mid-Term LNG Supply Deal

Indonesia Green Lights Eni Gas Projects

Heat Drives Asian LNG Spot Price Spike

Valeura Set to Restart Wassana Production Offshore Thailand

Current News

Velesto Completes Removal of Wrecked Naga 7 Jack-Up Rig Off Malaysia

BP Greenlights $7B CCUS Scheme Tied to Indonesia LNG Facility

Sapura Scoops Petrobras Contract for Pan-Malaysia Offshore Services

Velesto’s Drilling Rigs Up for Automatization Overhaul Under New Tech Alliance

US Firm Finds Chinese Partner to Deliver Mobile Offshore Drilling Units

TotalEnergies and Oil India to Jointly Tackle Methane Emissions Issues

Keppel Reclaiming Control of 13 Rigs to Cash In on Offshore Drilling Market's Growth

Global Offshore Wind Stumbles to the End of '24

Seatrium Delivers Fifth Jack-Up to Borr Drilling

Malaysia's FPSO Firm Bumi Armada Eyes Merger with MISC’s Offshore Unit

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