Daqing oilfield produces 1.22 bcm in Q1 2018

CNPC’s Daqing oilfield produced 1.22 billion cubic metres of gas in the first three months of 2018, up by 13.3% year on year
By Staff reporter 12 April 2018 0 30415

China National Petroleum Corp.’s (CNPC’s) Daqing oilfield produced 1.22 billion cubic metres of gas in the first three months of 2018, up by 13.3% year on year, according to the company.

The oilfield is targeting gas sales of 2.72 billion cubic metres in 2018. Crude oil output declined by 17.8% over the period, to 7.94 mt. CNPC intends to produce 5 bcm/y of gas from Daqing by 2020.

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