PetroChina Xinjiang Oilfield Company has fulfilled more than half of its production tasks in the first half of the year.
By June 30, PetroChina Xinjiang Oilfield Company produced 6.2 million tons of crude oil, an increase of 413,000 tons year-on-year, and 1.44 billion cubic meters of natural gas, having completed 53.2% of the annual plan, more than half of oil and gas production time and tasks in the first half of the year. This year, Xinjiang Oilfields crude oil production target is 12.4 million tons. After surpassing 100,000 tons last year, the Company increases by 1.03 million tons this year, compared with the planned level of last year. The annual crude oil output, capacity scale and net increase rate are the highest in the history of the Company. In the first half of the year, Xinjiang Oilfield Company made a major breakthrough in oil and gas exploration. The Company achieved a historic breakthrough in