China's largest ultra-deep oilfield mined over 3-mln-tonne oil, gas equivalent in 2022

The Tarim oilfield branch of PetroChina, China's leading oil and gas producer, said that the Fuman oilfield in the Tarim Basin had so far produced 3.09 mln tonnes of oil and gas equivalent in 2022. This was reported by The Xinhua News Agency.

The Fuman oilfield, China's largest ultra-deep oilfield, boasts more than 1 billion tonnes of oil and gas resources, which are mainly detected underground at 7,500 meters to 10,000 meters deep, said the company.

According to the company, the Fuman oilfield is expected to produce 5 mln tonnes of oil and gas equivalent annually by 2025.

Located in northwest China's Xinjiang Uygur Autonomous Region, Tarim Basin is a significant petroliferous basin in China. The ultra-deep oil and gas resources in the basin account for more than 60% of the total onshore ultra-deep oil and gas resources in China, and 19% of the global total.