1-Billion-Ton Oil and Gas Field Discovered in Xinjiang's Tarim Basin, China !

[Song Hong]

There is little oil in very civilized Muslim land, other than Iran. For example Syria, Egypt, Lebanon, Pakistan and Turkey.

Kind of strange.

I think that is because God feel you guys can stand by yourselves.

 

[Path-Finder]

1-Billion-Ton Oil and Gas Field Discovered in Xinjiang’s Tarim Basin
By Global Times Published: Jun 19, 2021 01:30 PM

Photo: IC

China has discovered a new 1-billion-ton super-deep oil and gas area in the Tarim Basin in Northwest China's Xinjiang Uygur Autonomous Region, the largest discovery in the basin in nearly 10 years, the Chinese state-owned energy giant China National Petroleum Corporation (CNPC) said on Friday.

The discovered well is located in the Fuman Oilfield area, a main block for crude oil production in the Tarim Oilfield. Its drilling depth reached 8,470 meters and the height of the test oil column hit 550 meters, both marking new records for the deepest oil production and the highest oil column in the desert area of the Tarim Basin.

According to Yang Xuewen, general manager of Tarim Oilfield Co under CNPC, they found the new reserve area after drilling 56 wells in the Fuman Oilfield. The new oil reserve area could be the largest discovery in the Tarim Basin in the last 10 years.

With its major oil producing zone of about 8,000 meters below the surface of the Earth, the Fuman Oilfield is one of the oilfields most difficult areas to explore in the world. But Tarim Oilfield has managed to improve the exploration success rate of new wells from 75 percent to more than 95 percent.

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Over the six years since the discovery of the Fuman Oilfield, annual production increased from about 30,000 tons to 1.52 million tons in 2020, with an estimated production of 2 million tons this year.

The Tarim Basin is the largest oil- and gas-bearing area in China, with about 16 billion tons of oil and gas reserves discovered.

Global Times

https://www.globaltimes.cn/page/202106/1226540.shtml


This will become a Huge boost, not only for China's Economic Development in their Western Region, and also a Huge boost for CNPC in the face of competition with their sister company, Sinopec and CNOOC


16 Billion Tons Reserves? Soon, they will have a new Oil & Gas Industrial City on Tarim Basin

https://twitter.com/x/status/1406125365580361734

Pakistan will be a customer, NEED OIL AND CH4. especially a source that cannot be touched by yanks in anyway.

Well one can understand why the yanks are so desperate to cling onto afghanistan.

 

[zectech]

You thought "oil wars" were bad for very abundant oil. Wait for the metal wars. One item not listed in this photo is iron. Most important metal. And is likely to run out by 2100 too.

China needs reserves of critical resources. Decades worth of reserves. And same as Song said about oil. Rely on others resources when prices are low and supply is abundant. Then use your own mining more when supply is short. Keep up world demand for Chinese stockpiling.

 

[Indos]

But not in Pakistan.

It is still a bless, if Pakistan has huge oil reserves, British must have found it when they colonize the region, and it will make the partition from India become very difficult during that time that will lead to long war

 

[Song Hong]

There is a saying "Peak Oil" will occur at 2040, whereby EV will be everywhere and world no longer needs much oil.

Even MBS of Saudi is looking to diversify.

You thought "oil wars" were bad for very abundant oil. Wait for the metal wars. One item not listed in this photo is iron. Most important metal. And is likely to run out by 2100 too.

China needs reserves of critical resources. Decades worth of reserves. And same as Song said about oil. Rely on others resources when prices are low and supply is abundant. Then use your own mining more when supply is short. Keep up world demand for Chinese stockpiling.

 

[dbc]

Pakistan will be a customer, NEED OIL AND CH4. especially a source that cannot be touched by yanks in anyway.

oh no! Yanks have been working on Tarim basin for nearly a decade now.
so even Tarim isn't untouched sorry..

 

[Yongpeng Sun-Tastaufen]

There is a saying "Peak Oil" will occur at 2040, whereby EV will be everywhere and world no longer needs much oil.

Even MBS of Saudi is looking to diversify.

EV won't replace oil completely. There might not be enough lithium deposits to make enough EV for each house. Oil will always be an option for cars. Plus, all the planes have to use oil. Battery is not practical for planes.

 

[Yongpeng Sun-Tastaufen]

oh no! Yanks have been working on Tarim basin for nearly a decade now.
so even Tarim isn't untouched sorry..

Wanna touch Tarim? Gotta beat Chinese military first.

 

[Indos]

You thought "oil wars" were bad for very abundant oil. Wait for the metal wars. One item not listed in this photo is iron. Most important metal. And is likely to run out by 2100 too.

China needs reserves of critical resources. Decades worth of reserves. And same as Song said about oil. Rely on others resources when prices are low and supply is abundant. Then use your own mining more when supply is short. Keep up world demand for Chinese stockpiling.

There is another huge energy beside oil and gas where if we can have efficient technology, it will be another source of huge energy beside using sun, win, and possibly sea wave.

Hidrat gas, and it is a bless for countries that has deep sea region because that is the potency of this energy to be found

 

[Path-Finder]

oh no! Yanks have been working on Tarim basin for nearly a decade now.
so even Tarim isn't untouched sorry..

can they object to, control where the product ends up? Highly doubt it.

 

[dbc]

can they object to, control where the product ends up? Highly doubt it.

you spoke of untouched- many US firms are involved in exploration in that field...typically via JV with a Chinese operator . Is Tarim immune to US sanctions? the answer today is no.

 

[Yongpeng Sun-Tastaufen]

you spoke of untouched- many US firms are involved in exploration in that field...typically via JV with a Chinese operator . Is Tarim immune to US sanctions? the answer today is no.

Americans are not welcome in China. Go back to stealing oil in Syria, just about the only country in the world you can pick on.

Trump doubles down on threat to take oil from Syria

President cuts off Fox News interviewer who appears to try to cover over his admission

www.independent.co.uk

 

[fitpOsitive]

But not in Pakistan.

Also in Pakistan. Sub corruption ki nazar.

 

[Path-Finder]

you spoke of untouched- many US firms are involved in exploration in that field...typically via JV with a Chinese operator . Is Tarim immune to US sanctions? the answer today is no.

we need oil and gas at low rates and uninterrupted supply. the saying 'wishes can come true' this is as good as it gets.

 

[dbc]

we need oil and gas at low rates and uninterrupted supply. the saying 'wishes can come true' this is as good as it gets.

Pakistan is surrounded by oil and gas producers in the middle east, Iran and central Asia. And Pakistan has untapped reserves under its own soil, near-shore, and in its offshore eez.

Pakistan's problem is not access but internal mismanagement .