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Monday, May 18, 2009

Tahe oil area in the first quarter crude oil output exceeded 1.5 million tons

By Zou cheaponsale

Sinopec's second greatest oil paddock - Tahe Oilfield first quarter of this year crude oil goods produced exceeded 1.5 million tons, an advance weighed against to the matching interval last year 131,800 tons.

Tahe oil paddock by China's Sinopec Oilfield Company the cause for the development of the Northwest. The reporter educated from the company's fresh examination of the first quarter of monetary pursuit at the assembly was announced that the first quarter of Tahe Oilfield generated 1,574,500 tons of crude oil, weighed against to the matching interval of last year end wares 131,800 tons; a total of 288 million cubic meters of natural gas goods produced meters, 028 million cubic meters year-on-year increase.

In rank to enhance oil recovery rates, Tahe Oilfield has established "the development of fine, fine delineation of capability fine, fine management" of the development of fine thoughts, new well observe 92% yield. Oilfield drilling rig was in addition finished by lessening the time to be an all-out effort to enhance the drilling and windup results. The first quarter of Tahe Oilfield drilling concluded a total of 359,200 meters of total footage, more than 158,000 meters last year, a total of 54 completions.

Tahe oil field exploration was an important breakthrough in recent years, the rapid growth of oil and gas production, China consolidated its land position as one of the top ten oil fields. Data show that Tahe Oilfield in 2008 of crude oil, natural gas production was 6,000,000 tons, respectively, and 1.27 billion cubic meters, respectively, compared with 2007 increased 640,000 tons and 3.2 billion cubic meters, oil and gas revenues exceeded 20 billion yuan, reaching 202 .3 billion.

As China's oil and gas goods produced, one of the fastest-growing paddocks, Tahe Oilfield in 2010 crude oil goods produced will arrive at 10 million tons, making China a million tons of large-scale field. - 21392

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