The Liaohe oil field is an oil field located in Liaoning Province (Bohai Basin), China. It was discovered in 1958 and developed by China National Petroleum Corporation. It began production in 1970 and produces oil. The total proven reserves of the Liaohe oil field are around 6.87 billion barrels (968×106 tonnes), and production is centered on 312,000 barrels per day (49,600 m3/d). Production peaked in 1995.[1]

Liaohe oil field in Panjin, Liaoning, China
Liaohe
CountryChina
RegionLiaoning
LocationPanjin
Offshore/onshoreonshore
OperatorChina National Petroleum Corporation
Field history
Discovery1958
Start of production1970
Production
Estimated oil in place968 million tonnes
(~ 1.093×10^9 m3 or 6873 million bbl)

References

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