Current Location:Home->Newsroom->CBCSD News
Major oil, gas discovery in NW China's Tarim Basin

The Tarim Oilfield Company in northwest China's Xinjiang Uygur Autonomous Region has made important oil and gas discoveries, with daily oil and gas output forecast at 336 cu m and 340,000 cu m, respectively at a wildcat.

The No. 33 wildcat is located in Aksu County in the southern part of Xinjiang, or the northern part of the Tarim Basin, and was put into operation in February of this year, said sources with the company.

The well sits on a rich oil and gas bearing structure which covers an area of 2,500 sq km.

Currently, the Tarim Oilfield Company is stepping up efforts to conduct seismic data collection and geological strata studies in a bid to develop the new oilfield, the source said.


Source: xinhua