Daqing oilfield
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Revision as of 02:33, 25 September 2009 by imported>Ciic (Created page with ''''Daqing oilfield''' located in northeast China's Heilongjiang Province, is China's No.1 terrestrial oil producer. Discovered in 1959 by Wang Jinxi (known as 'Iron man'...')
Daqing oilfield located in northeast China's Heilongjiang Province, is China's No.1 terrestrial oil producer.
Discovered in 1959 by Wang Jinxi (known as 'Iron man' Wang, who led No. 1205 drilling team), this field has produced over 10 billion barrels (1.6 km³) of oil since production started in 1960. Daqing contained 16 billion barrels (2.5 km³) or 2.2 billion tons in the beginning; the remaining recoverable reserves are about 3.6 billion barrels (572,000,000 m³) or 500 million tons. The current production rate is about 1 million barrels (160,000 m³) per day, making it the fourth most productive oil field in the world.
