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China's Changqing Oilfield Hits 20 Million Tons Milestone

11/10/2025

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Summary

Story summary

China's Changqing Oilfield in Gansu Province has exceeded 20 million tons in cumulative shale oil output, representing a major milestone in shale oil production.
The oilfield contributes over half of China's total shale oil output and has proven reserves of more than 1 billion tons.
In 2024, the field set a daily production record of over 10,000 tons by adding 144 new horizontal wells.
The China National Petroleum Corp plans to boost annual production to 4.5 million tons by 2030 to strengthen energy security.
In 2024, China's total oil and natural gas output surpassed 400 million tons for the first time.

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Story summary

China's Changqing Oilfield in Gansu Province has exceeded 20 million tons in cumulative shale oil output, representing a major milestone in shale oil production.
The oilfield contributes over half of China's total shale oil output and has proven reserves of more than 1 billion tons.
In 2024, the field set a daily production record of over 10,000 tons by adding 144 new horizontal wells.
The China National Petroleum Corp plans to boost annual production to 4.5 million tons by 2030 to strengthen energy security.
In 2024, China's total oil and natural gas output surpassed 400 million tons for the first time.