Energy

Daqing oilfield crude output at 20m tons in H1

(Xinhua)
Updated: 2010-07-02 13:27

HARBIN - Daqing Oilfield Co, the largest oil subsidiary of PetroChina, produced 20.07 million tons of crude oil in the first half, the company said Friday.

Natural gas output reached 1.66 billion cubic meters in the same period, it said in a statement.

Last year, its crude production was 40 million tons and gas output 3 billion cubic meters.

Related readings:  Daqing's development homes in on non-petroleum sectors  Daqing develops new oilfield technologies  Daqing to maintain crude output  Daqing produces 40.2 million tons of crude in 2008

Daqing oilfield, which was discovered in 1959, has maintained an annual crude output at around 40 million tons since 2008, and gas output has grown steadily.

China's largest oilfield saw crude output fall to 48.4 million tons in 2003, the first time it was below the 50-million-ton level in 27 years.

PetroChina is the listed arm of China National Petroleum Corporation (CNPC), the country's largest oil and gas producer.