The Karamay oil field is an oil field located in Xinjiang. It was discovered in 1955 and developed by China National Petroleum Corporation. It began production in 1955 and produces oil. The total proven reserves of the Karamay oil field are around 3 billion barrels (423×106tonnes), and production is centered on 290,000 barrels per day (46,000 m3/d).[1]

Karamay
CountryChina
RegionXinjiang
Offshore/onshoreonshore
OperatorChina National Petroleum Corporation
Field history
Discovery1955
Start of production1955
Production
Estimated oil in place423 million tonnes
(~ 500×10^6 m3 or 3000 million bbl)

References

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  1. ^ "Chinese giant oilfields" (PDF). diva-portal.org. 2007. Retrieved 2014-05-11.