Proven gas, oil reserves of Tahe Oilfield tops 500 mln tons

The proven geological reserves of crude oil and gas at the Tahe Oilfield in northwest China has reached 543 million equivalent tons of petroleum, said a source with the Northwest Company of the China Petroleum & Chemical Corporation.

The reserves rank the Tahe Oilfield, located in the northern Tarim Basin in Xinjiang Uygur Autonomous Region, as a super oil and gas field of the country, said Zhai Xiaoxian, deputy general manager of the company.

Xinhua