07FEB2019 - NEWS - One of the major oilfield of China Shengli Oilfield reaches at crude output of around 23.4 million tons in 2018

Shengli Oilfield which is one of the major oilfield of China, churned out 23.41 million tonnes of crude oil in 2018, 10,000 tonnes above the target. As the flagship oil-producing unit of China's state-owned petroleum giant Sinopec, Shengli Oilfield said it newly added 25.03 million tonnes of proven crude oil reserves last year. In 2018, the oilfield also produced 480 million cubic meters of natural gas, 110 million cubic meters above the target. Located in the Yellow River delta, the Shengli Oilfield was discovered in 1961, and its development began in 1964.

Published by Editor - www.Livebunkers.com at 07-Feb-2019 06:55:40 [UTC] , contact editor at editor@livebunkers.com