Industries > Energy

Daqing Oilfield total crude output exceeds 2.4 bln tonnes

Xinhua News,HARBIN
2020-01-02 16:40

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China's Daqing Oilfield Co., Ltd has churned out more than 2.4 billion tonnes of crude oil since 1959.

A subsidiary of China's largest oil producer PetroChina, the company produced more than 43.6 million tonnes of oil equivalent in 2019, about 1.96 million tonnes more than 2018, the company said.

Its overseas market revenue reached 10 billion yuan (about 1.4 billion U.S. dollars) last year, according to the company.

Daqing Oilfield marked the 60th anniversary of its discovery in 2019. Discovered on Sept. 26, 1959, the oilfield is located in northeast China's Heilongjiang Province. It is the largest oilfield run by PetroChina and also the country's largest oil production base.
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