China's largest ultra-deep oil and gas production base, the Tarim Oilfield, has reached a significant milestone in 2024 by producing 20.47 million tonnes of oil and gas equivalent. This achievement, announced by China National Petroleum Corporation (CNPC) on Sunday, underscores the oilfield's pivotal role in the nation's energy sector.
Located in the Tarim Basin within northwest China's Xinjiang Uygur Autonomous Region, the Tarim Oilfield sits in the largest oil and gas-bearing basin in the country, renowned for its rich ultra-deep resources. In 2024 alone, the oilfield saw the drilling of over 50 wells, each exceeding depths of 8,000 meters, showcasing China's advancements in ultra-deep drilling technology.
The impressive production figures from the Tarim Oilfield highlight not only the region's vast natural resources but also CNPC's commitment to maximizing extraction efficiency and sustainability. As global energy demands continue to grow, the Tarim Oilfield stands as a testament to China's strategic investments in securing its energy future.
Reference(s):
cgtn.com
