China: World Oil Report 1991

Journal Article · Thu Aug 01 00:00:00 EDT 1991 · World Oil; (United States)

OSTI ID:5583831

This paper reports that interest remains focused on the Tarim, Turpan and Junggar basins in the Xinjiang Uygur Autonomous Region of far western China as areas which will provide significant new reserves for the country to take it into the 21st century. In a surprising move earlier this year, China National Petroleum Corp. (CNPC) opened discussions with foreign companies concerning their participation in E and P operations in Xinjiang. Previously, CNPC had indicated offshore E and P by foreigners would be restricted to 11 southern provinces which were offered several years ago, but which attracted little interest. The first foreign company into the Tarim area will apparently be Japan National Oil Corp. which last spring agreed to spend more than $49 million on seismic surveys over 4 -1/2 years. Parker Drilling Co., Tulsa, Oklahoma, also will return to the Tarim area where it drilled directional wells several years ago to cap a number of blowouts in Kekeya field located in the southwestern part of the basin. Parker has contracted with China's Ministry of Geology and Mineral Resources (MOG) to move two rigs to the area and drill two 20,000 ft. tests. This operation, separate from CNPC, is funded by the United Nations as a pure exploration project on behalf of MOG.

• OSTI ID: 5583831
• Journal Information: World Oil; (United States), Journal Name: World Oil; (United States) Vol. 212:8; ISSN 0043-8790; ISSN WOOIA
• Country of Publication: United States
• Language: English

Related Subjects

02 PETROLEUM
020200* -- Petroleum-- Reserves
Geology
& Exploration
020300 -- Petroleum-- Drilling & Production
29 ENERGY PLANNING, POLICY, AND ECONOMY
294002 -- Energy Planning & Policy-- Petroleum
ASIA
CHINA
DIRECTIONAL DRILLING
DRILLING
EXPLORATORY WELLS
GEOLOGIC DEPOSITS
GOVERNMENT POLICIES
MINERAL RESOURCES
OIL FIELDS
OIL WELLS
OPTIMIZATION
PETROLEUM DEPOSITS
PLANNING
PRODUCTIVITY
RESOURCES
WELLS