China Reports Major Oil And Gas Find At Record Depths ...Middle East

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China Reports Major Oil And Gas Find At Record Depths
source : OILPRICE ( Middle East ) () 24
China National Petroleum Corporation has made an oil and gas discovery with reserves estimated at 900 million tons, Chinese media reported. The discovery was made after six years of exploration work in the Tarim Basin in the Xinjiang Uygur Autonomous Region, northwestern China. The geology of the formation is challenging, the report said, requiring ultra-deep drilling, at a record 8,470 meters. "We have grasped the geological rules of oil and gas reservoirs," said the general manager of Tarim Oilfield Company, Yang Xuewen. "In Fuman Oilfield, we…

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