Daqing Oil Field
Largest oil field in China / From Wikipedia, the free encyclopedia
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The Daqing Oil Field (simplified Chinese: 大庆油田; traditional Chinese: 大慶油田; pinyin: Dàqìng Yóutián), formerly romanized as "Taching",[1][2] is the largest oil field in the People's Republic of China, located between the Songhua river and Nen River in Heilongjiang province. When the Chinese government began to use pinyin for romanization, the field's name became known as Daqing.
Daqing Oil Field | |
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Location of Daqing Oil Field | |
Country | China |
Region | Heilongjiang province |
Offshore/onshore | Onshore |
Coordinates | 46.60°N 124.90°E / 46.60; 124.90 |
Operator | Daqing Oilfield Company Limited |
Field history | |
Discovery | 1959 |
Start of production | 1960 |
Peak year | 2008 |
Production | |
Current production of oil | 600,000 barrels per day (~3.0×10 |
Year of current production of oil | 2021 |
Peak of production (oil) | 800,000 barrels per day (~4.0×10 |
Estimated oil in place | 16,000 million barrels (~2.2×10 |
Recoverable oil | 3,600 million barrels (~4.9×10 |
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It is the largest oil deposit discovered in China and its ability to support China's industrialization changed the country's developmental path.[3]: 26 Daqing oil field has produced over 10 billion barrels (1.6×10^9 m3) of oil since production started in 1960. Daqing oil field contained 16 billion barrels (2.5×10^9 m3) or 2.2 billion tons in the beginning; the remaining recoverable reserves are about 3.6 billion barrels (570×10^6 m3) or 500 million tons.