About Zhongyuan down-the-hole gas drilling rig
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4 FAQs about [Zhongyuan down-the-hole gas drilling rig]
How did Zhongyuan Oilfield perform in 2011?
In the year 2011, Zhongyuan Oilfield acquired 12.57 million tons of newly proven geological reserves, produced 1.11 million tons of oil equivalent, which enabled the Oilfield to join the rank of oil & gas fields with production of over 10 million tons. And the Oilfield realized revenue of 26.9 billion RMB.
What is Zhongyuan Oilfield?
Zhongyuan Oilfield Company of SINOPEC (hereinafter referred to as “Zhongyuan Oilfield” or “the Oilfield”), with its head office located in Puyang City of Henan Province, mainly engages in the areas of oil and gas exploration & development, oil refining and petrochemicals production and sales.
Is Puguang gas field a good prospect for oil & gas development?
Exploration & evaluation were carried out actively in 2011, and exploration on tight sandstone reservoirs has seen progress, which shows the good prospect of oil & gas development in these fields. Puguang Gas Field, with an area of 1116 km2, lies in the northeast of Sichuan Province.
What is Puguang gas field?
Puguang Gas Field produced 8.04 billion cubic meters of natural gas and 1.6 million tons of sulfur, which makes the Field the largest sulfur production base in China. With 21 licensed areas, the Inner Mongolia Exploration Area covers an area of more than 35,600 km2.