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CHINA THRUST BELT EXPLORATION-2: Modern technology revitalized China’s mature Jiuxi basin

07/16/2007
This is the second of two parts on oil and gas exploration in the Jiuxi basin in northwestern China.Exploration started in the basin in 1938.The basin has one of China’s earliest commercial oil discoveries and is considered the cradle of the Chinese petroleum industry.By the end of 2003, 540 exploratory wells had been drilled, with a density of 0.2 well/sq km. Six oil fields-Laojunmiao, Yaerxia, Shiyougou, Baiyanghe, Shanbei, and Qingxi-were discovered in succession. The reservoirs are Silurian, Cretaceous, and Tertiary. Discovered reserves are 148 million tons of oil, and the present production is 700,000 tons/year.Oil exploration in basin came in three stages from 1932-82, 1983-96...
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