Crude output at Daqing Oilfield hits 41.67m tons

Daqing Oilfield Co Ltd, a subsidiary of China’s largest oil producer PetroChina, produced around 41.67 million metric tons of oil equivalent in 2018. The oilfield’s domestic facilities churned out 32.04 million tons of crude oil and 4.34 billion cu m of natural gas last year. In recent years, the firm has been seeking to increase its natural gas output with rising difficulties in extracting crude oil at its main production base, Daqing Oilfield. Thanks to the effort, its natural gas output has recorded continuous growth over the past eight years. Daqing Oilfield, the largest oilfield run by PetroChina