Exploration & Production

Qinghai Oilfield produces 2.8 bcm

CNPC’s Qinghai Oilfield subsidiary has produced 2.8 billion cubic metres of gas this year.
By Staff reporter 11 June 2018 0 31247

China National Petroleum Corp.’s (CNPC’s) Qinghai Oilfield subsidiary has produced 2.8 billion cubic metres of gas this year, CNPC said on Monday.

The subsidiary is producing 18.5 million cubic metres per day (MMcm/d) and had launched 24 new wells this year as of the end of April that have produced a total of 60 MMcm.

Meanwhile, CNPC’s Tarim Oilfield unit has produced around 8 bcm over the same period, up by 2% year on year, with output averaging 69.9 MMcm/d since the start of...