China's Jiqing Oilfield Achieves Record Production in...
China News
May 27, 2024
The Jiqing Oilfield, China's inaugural national-level demonstration area for continental shale oil extraction located in Xinjiang Uygur Autonomous Region, has achieved a significant milestone. Production soared to 215,000 tonnes in the first quarter of the year, marking a historic high. China National Petroleum Corporation reported a remarkable 46 percent year-on-year increase in daily output, reaching 2,800 tons, signalling promising advancements in shale oil extraction technology.