Tag: Tarim Basin

China’s largest ultra-deep oilfield begins operation

Ms. Cat
New China TV (Xinhua)

The Fuman Oilfield in Xinjiang’s Taklamakan Desert, holding over a billion tons of reserves deep beneath the surface, has commenced operations. This activation signifies China’s move to tap into its deepest oil and gas resources.

China’s largest ultra-deep oilfield begins operation

Those Uyghur separatists probably need some freedom and democracy. /s

Related:

Major project in China’s largest ultra-deep oilfield kicks off operation

Located in northwest China’s Xinjiang Uygur Autonomous Region, Tarim Basin is a significant petroliferous basin in China. The ultra-deep oil and gas resources in the basin account for more than 60 percent of the total onshore ultra-deep oil and gas resources in China, and 19 percent of the global total.

Xinjiang:

Xinjiang has many natural resources that U.S. private businesses would love to get their hands on:

The Energy Industry in Xinjiang, China: Potential, Problems, and Solutions

How oil has shaped Xinjiang

Vast oil deposits discovered in Xinjiang

Sinopec Starts the Drilling of Asia’s Deepest Oil and Gas Well in Tarim Basin

Ms. Cat

BEIJING, May 4, 2023 /PRNewswire/ — China Petroleum & Chemical Corporation (HKG: 0386, “Sinopec”) has initiated the drilling of Project Deep Earth 1-Yuejin 3-3XC Well (“the Well”) on May 1 in the Tarim Basin, Xinjiang Uyghur Autonomous Region. With a design depth of 9,472 meters, it will be the deepest oil and gas well in Asia and a breakthrough of milestone significance in China’s ultra-deep oil and gas exploration, which now has world-leading technological and equipment capabilities.

Sinopec Starts the Drilling of Asia’s Deepest Oil and Gas Well in Tarim Basin

China Heralds Another Major Oil Discovery

Ms. Cat1 Comment

China’s state-run China Petrochemical Group, Sinopec, says it has discovered a massive oilfield in the Tarim Basin, containing 1.7 billion tons of oil reserves.

The discovery is the result of exploration in the Shunbei oil and gas field, said to be one of the deepest commercial fields in the world, in the country’s Xinjiang region.

China Heralds Another Major Oil Discovery

Related:

Chinese Oil Giants Sinopec And PetroChina To Delist From NYSE

The Energy Industry in Xinjiang, China: Potential, Problems, and Solutions

How oil has shaped Xinjiang

Vast oil deposits discovered in Xinjiang

I’m sure Halliburton would love to get their hands on that oil! Oh wait, that was Iraq!