Changqing oilfield output to rise 2% in 2021
The Changqing oilfield is expected to produce 62mn metric tons oil equivalent this year, the project's operator CNPC said on December 21. In 2020, the output was 60.83mn mt of oil equivalent.
As of December 17, the output was 60.05mn mt. The crude oil production was 24.4mn mt while gas output was 44.67bn m3, CNPC said.
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Changqing, one of China’s biggest oilfields, is located in the country's northern Ordos basin. It supplies oil and gas to cities including Beijing, Tianjin and Hebei.