Skip to Content Facebook Feature Image

Daqing Oilfield steadily advances in oil, gas output

China

China

China

Daqing Oilfield steadily advances in oil, gas output

2025-01-06 19:53 Last Updated At:01-07 01:37

Daqing Oilfield, a subsidiary of China National Petroleum Corporation (CNPC), set new records in natural gas production in 2024 while maintaining stable crude oil production for a decade.

Natural gas output from Daqing Oilfield's two major fields surpassed 6 billion cubic meters, marking a year-on-year increase of 155 million cubic meters and extending its streak of 14 years of steady growth.

The two fields are in northeast China's Songliao Basin and southwest China's Sichuan-Chongqing exploration area.

Researchers in the Songliao Basin solved tough problems such as low reserve utilization by continuously making breakthroughs in improving output using tight gas technologies, retrieving scattered associated gas in shale oil for the first time and recovering 23 million cubic meters of such gas throughout the year. In 2024, the Songliao Baisin’s yearly output of natural gas reached 5 billion cubic meters for the first time.

In the Sichuan-Chongqing exploration area, natural gas production exceeded 1 billion cubic meters for the first time, an increase of 130 million cubic meters from the previous year.

Technicians there took innovative measures to unlock additional capacity, achieving the region's seventh consecutive year of growth with a new milestone of 1.6 billion cubic meters of natural gas output.

"This year our output of natural gas has exceeded 6 billion cubic meters, which has boosted our confidence and courage. In 2025, Daqing Oilfield will focus on tapping potential and expanding capacity of gas fields to make new breakthroughs in optimizing production patterns," said Zhao Yunfei, head of the development department of Daqing Oilfield.

Daqing Oilfield's Lamadian underground gas storage in northeast China's Heilongjiang Province, the country's first such facility, has maintained safe and stable operation for over 50 years, with a cumulative gas injection and extraction volume exceeding 5 billion cubic meters, fully living up to its title as an "underground granary" to ensure natural gas supply.

The construction of China's first volcanic rock gas storage is underway in Heilongjiang. With five wells currently being drilled, the project aims to enhance natural gas distribution and supply ability.

Daqing Oilfield has also achieved stable crude oil production for 10 consecutive years, of which the output of tertiary recovery has exceeded 10 million tons for 23 consecutive years, with a cumulative output of nearly 320 million tons.

Daqing Oilfield steadily advances in oil, gas output

Daqing Oilfield steadily advances in oil, gas output

China and Canada should work together to promote the stable, healthy and sustainable development of bilateral economic and trade relations, Chinese Vice Premier He Lifeng said in Beijing on Friday.

He, also a member of the Political Bureau of the Communist Party of China Central Committee, made the remarks while attending the Canada-China Trade and Investment Banquet together with the visiting Canadian Prime Minister Mark Carney.

Speaking at the event, He said that under the strategic guidance of the important consensus reached by their leaders, China and Canada should adhere to the principles of mutual respect, peaceful coexistence, win-win cooperation, and mutual success, and jointly promote the stable, healthy, and sustainable development of bilateral economic and trade relations.

China is steadfastly expanding high-standard opening up, continuously developing new quality productive forces, and is willing to work with countries around the world, including Canada, to create new prospects for cooperation, said He.

Carney noted at the banquet that China is Canada's second-largest trading partner and said Canada looks forward to strengthening high-level exchanges with China, making full use of dialogue mechanisms in areas such as the economy and trade, and deepening cooperation in trade, agriculture, energy and other fields.

Carney arrived in Beijing on Wednesday to begin a four-day official visit to China, marking the first trip to the country by a Canadian prime minister in eight years.

China, Canada should work together for stable, healthy, sustainable economic ties: Vice Premier

China, Canada should work together for stable, healthy, sustainable economic ties: Vice Premier

Recommended Articles