Tahe is a producing conventional oil field located onshore China and is operated by Sinopec Northwest Oilfield. According to GlobalData, who tracks more than 34,000 active and developing oil and gas fields worldwide, Buy the profile here.
Field participation details
The field is owned by China Petrochemical.
Production from Tahe
The Tahe conventional oil field recovered 62.24% of its total recoverable reserves, with peak production in 2015. The peak production was approximately 141.08 thousand bpd of crude oil and condensate and 155.00 Mmcfd of natural gas. Based on economic assumptions, production will continue until the field reaches its economic limit in 2046. The field currently accounts for approximately 2% of the country’s daily output.
Remaining recoverable reserves
The field is expected to recover 663.89 Mmboe, comprised of 663.89 Mmbbl of crude oil & condensate. Tahe conventional oil field reserves accounts 0.15% of total remaining reserves of producing conventional oil fields globally.
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