URUMQI, Aug. 21 (Xinhua) -- The cumulative crude oil production of Tahe Oilfield in the Tarim Basin of northwest China's Xinjiang Uygur Autonomous Region has surpassed 100 million tonnes, Sinopec Northwest Oil Field Company said Wednesday.
It is China's first individual oilfield that has reached the output target of 100 million tonnes mainly from marine carbonate reservoirs.
Exploration and exploitation was challenging as marine carbonate oil pools are usually found some 5,500 meters underground.
Based on innovative technologies suitable for the geological conditions of the Tarim Basin, the company put its Tahe Oilfield into operation in 1997. The oilfield so far has 1.35 billion tonnes of proven crude oil reserves, with an annual production of 6 million tonnes.
The stable production of Tahe Oilfield is of great significance to promote the scale of exploration and development of oil and gas resources, said Liu Baozeng, executive director of the company.
Sinopec Corp. is the second largest oil and gas producer in China, and Tahe Oilfield is the second largest domestic oilfield of Sinopec. Enditem
