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November 25, 2021updated 27 Apr 2022 12:45pm

Tahe Conventional Oil Field, China

By Carmen

Tahe is a producing conventional oil field located onshore China and is operated by Sinopec Northwest Oilfield .

Field participation details

The field is owned by China Petrochemical.


Production from Tahe

The Tahe conventional oil field recovered 59.82% 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 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 698.97 Mmboe, comprised of 698.97 Mmbbl of crude oil & condensate. Tahe conventional oil field reserves accounts 0.15% of total remaining reserves of producing conventional oil fields globally.


Methodology

Information on the field is sourced from GlobalData’s fields database that provides detailed information on all producing, announced and planned oil and gas fields globally. Not all companies mentioned in the article may be currently existing due to their merger or acquisition or business closure.

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