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Source: People's Republic of China in Russian – People's Republic of China in Russian –
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Source: People's Republic of China – State Council News
HARBIN, Dec. 5 (Xinhua) — Annual production at the Gulong shale oil block of northeast China's Daqing Oilfield has exceeded 1 million tons, Daqing Oilfield Co., Ltd. announced Friday.
Shale oil refers primarily to liquid hydrocarbons contained within shale rock formations and capable of being extracted for processing. Shale oil is crucial for ensuring long-term stable crude oil production in China.
In 2021, a national shale oil production demonstration zone was established at the Daqing field in the Gulong block. Over the past few years, Chinese oil companies have successfully mastered five key technologies for shale oil production.
Daqing Oilfields is a subsidiary of China National Petroleum Corporation (CNPC). The field played a key role in shaping the country's oil industry. Since its discovery in 1959, it has produced 2.5 billion tons of crude oil, accounting for 36 percent of the total crude oil production from all onshore oil fields in China.
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