Project Profile
Value: undisclosed
Location: western province of Shaanxi, China
Reserves: than 100 million tonnes of tight oil
Area: unknown
Depth: unknown
Start-up Year: -
China National Petroleum Corp (CNPC) has discovered more than 100 million tonnes of tight oil geological reserves in its Changqing field. The discovery, located in the western province of Shaanxi, is the first Chinese tight oil find to surpass 100 million tonnes. Technically recoverable reserves may be considerably lower. Tight oil production capacity in the Ordos basin, where Changqing is located, is more than 1 million tonnes.
Operators:
China National Petroleum Corp (CNPC): Operator with 100% interest