Date: September 3, 2024
China’s largest oil and gas field, the Changqing Oilfield, has achieved a significant milestone, with its cumulative production of oil and gas equivalent surpassing 10 billion tons. This achievement underscores the field’s pivotal role in ensuring national oil and gas energy security and driving regional economic development.
A Pioneering Achievement in Energy Production
According to information released by China National Petroleum Corporation (CNPC), the Changqing Oilfield has been a beacon of innovation and efficiency in the oil and gas industry. Located in the Ordos Basin, the oilfield has faced unique challenges due to its predominantly low-permeability reservoirs, which are known for their poor underground flow capabilities. Despite these challenges, the oilfield has leveraged cutting-edge technology and scientific exploration to transform what was once considered a marginal field into a major producer.
Overcoming Technological Hurdles
The Changqing Oilfield’s success is a testament to China’s commitment to technological advancement in the energy sector. The oilfield’s 95% of the reserves are classified as world-class low-permeability reservoirs. Through relentless research and development, CNPC has overcome a series of勘探开发 (exploration and development) challenges associated with these types of reservoirs. The result has been the transformation of a field once deemed commercially non-viable into one of the highest-producing oil and gas fields in the country.
Steady Production and Record-Breaking Output
The Changqing Oilfield has maintained an impressive production rate, with an annual output that accounts for approximately one-sixth of the nation’s total oil and gas production. For the past 11 consecutive years, the oilfield has achieved over 50 million tons of annual production, continuously breaking records in the oil and gas industry. The recent news of surpassing the 10-billion-ton mark further cements its position as a cornerstone of China’s energy sector.
Economic and Social Impact
The oilfield’s success has had a profound impact on the regional economy, creating jobs and driving growth in the surrounding areas. The recent commissioning of a high-yield oil well in the eastern part of Gansu Province, which produces 3.6 tons of oil per day, is a clear example of the ongoing development and economic benefits brought by the oilfield. Additionally, the oilfield has completed the drilling of 435 shale oil wells and brought 797 new natural gas wells into production this year alone.
National Security and Energy Independence
The achievement of the Changqing Oilfield is not just an economic milestone but also a significant step towards enhancing national security. By increasing domestic oil and gas production, China is reducing its reliance on imported energy resources, thereby strengthening its energy independence and security. This strategic move is crucial in a global landscape where energy security is increasingly becoming a key concern for many nations.
Looking to the Future
As the Changqing Oilfield continues to set new benchmarks in oil and gas production, it is also looking to the future with a focus on sustainable development. The oilfield is committed to adopting environmentally friendly practices and technologies to minimize its ecological footprint while maximizing production efficiency.
In conclusion, the surpassing of the 10-billion-ton production milestone by the Changqing Oilfield is a significant achievement for China’s energy sector. It not only highlights the country’s technological prowess but also underscores its commitment to energy security and regional economic development. As the oilfield continues to break new ground, it paves the way for a more secure and prosperous future for China and its people.
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