China, JNOC start exploration in Tarim basin
This paper reports that a joint venture of China National Oil and Natural Gas Corp and Japan National Oil Corp (JNOC) has begun exploration in Northwest China's remote Tarim basin in Xinjiang Uygur Autonomous Region. That marks the first time China has allowed a foreign oil company to participate in exploration of the highly prospective basin. China pins much of its hope for the future on the Tarim basin as production declines from its older, mainstay fields in the east and offshore results have proved largely disappointing. The Chinese-Japanese combine began operations in the southwest part of the 560,000 sq km basin. The 200 member exploration team plans to complete a seismic survey covering 3,500 line km in the Kashi and Yecheng areas during the next 4 1/2 years. The survey follows a feasibility study that began last October covering 30,000 sq km in the basin.
- OSTI ID:
- 5056446
- Journal Information:
- Oil and Gas Journal; (United States), Journal Name: Oil and Gas Journal; (United States) Vol. 90:24; ISSN OIGJA; ISSN 0030-1388
- Country of Publication:
- United States
- Language:
- English
Similar Records
China: World Oil Report 1991
Hydrocarbon accumulations in the Tarim basin, China
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