China's petroleum industry: geology, reserves, technology, and policies
Journal Article
·
· Mines Mag.; (United States)
OSTI ID:6721766
Thirty basins and/or basin complexes are known from the onshore and offshore regions of the People's Republic of China. Not less than 148 petroleum fields have been discovered in these basins. Of these, at least 85 are producing today. The geology of the onshore basins is quite well known, although large areas within the western and northwestern basins are unknown. The geology of the offshore basins is almost unknown, and knowledge of the offshore comes mainly from geophysical data, except in those few areas where some drilling had been done. China's future courses of action in the petroleum industry depend entirely on whether China's present outward-looking leadership policies prevail, or whether the nation reverts to the inward-looking policies of the Mao era. The petroleum geology of China, although very different from that of most of the world, is favorable for the discovery of large reserves. The use of these reserves and the rate of their development, including the participation of foreigners and the purchase of foreign high technolgoy, depend on China's future political trends. 20 references.
- OSTI ID:
- 6721766
- Journal Information:
- Mines Mag.; (United States), Journal Name: Mines Mag.; (United States) Vol. 70:4; ISSN MMCOA
- Country of Publication:
- United States
- Language:
- English
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