Tuesday, December 30, 2014

China's largest inland oil field depleting

 China's largest inland oil field depleting
Beijing (UPI) Dec 29, 2014 - The decline in crude oil prices means output from China's inland Daqing oil field will start to drop off beginning next year, an official at PetroChina said. Maturation of the Daqing field, the largest inland field of its kind in China, is strained further by the low price of crude oil, off more than 40 percent from its June highs above $100 per barrel. A staff member told the official ... more

http://www.oilgasdaily.com/reports/Chinas_largest_inland_oil_field_depleting_999.html

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