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Oil Province

  • Huabei Oil Province
Huabei Oil Province

Huabei Oil Province

  • Description: Huabei Oil Province has an annual crude oil production capacity of 4.5 million tons, containing low-gravity, low-sulfur and low-colloid asphaltic crude oil, as well as high-gravity, high-sulfur, and h
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Huabei Oil Province, located in the northern part of the Huabei Plain, geologically belongs to Jizhong depression of the Bohai Bay Basin. In Huabei, CNPC has discovered 50 oil & gas fields, mainly of buried-hill and Tertiary types. Huabei Oil Province has an annual crude oil production capacity of 4.5 million tons, containing low-gravity, low-sulfur and low-colloid asphaltic crude oil, as well as high-gravity, high-sulfur, and high-colloid asphaltic crude oil.

On July 4, 1975, a high-yield oil flow was obtained in well Ren-4 from Mesopeozoic buried hill carbonate reservoir, marking the discovery of the Renqiu Oilfield. Development of the Renqiu Oilfield began in September of the same year. By 1977, a group of buried hill oilfields had been discovered in Jizhong depression, laying the foundations for the mass development of Huabei Oil Province.

In 2008, Huabei produced 4.43 million tons of crude oil and 553 million cubic meters of natural gas.

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