Output Inches Up at China's Tarim Field
The Tarim oilfield, one of China’s biggest upstream projects, increased its output by 9% yr/yr in the first seven months of 2020 to 18.08mn metric tons (mt) of oil equivalent, its state-owned operator CNPC said on August 10.
The oil production has reached 60.7% of the annual target, and the natural gas output has reached 58.4% of the full year target. The company expects the output to reach 30mn mt of oil equivalent this year.
The field, in China's northwestern Xinjiang province, is operated by CNPC's PetroChina Tarim Oilfield subsidiary and produced 28.05bn m3 of natural gas in 2019.