Qinghai Oilfield
Nestled on the northeastern edge of the Qinghai-Tibet Plateau in northwest China, the Qinghai Oilfield has continuously served as a major energy resource for the nation since its discovery in the 1960s. As the largest oilfield in Northwest China, with an area of over 21,000 square kilometers, it is located in the middle reaches of the Yellow River and in the eastern part of the Qaidam Basin. This basin is one of the most spectacular and noteworthy petroleum production basins in Northwestern China and produces over 1 million tonnes of crude oil per year.
The Qinghai Oilfield was discovered in October 1960 and is part of the famous Qinghai-Tibet Oil and Gas Province. This oil and gas province is the third largest producing area in China. To exploit it and meet energy needs, a state-of-the-art integrated oil and gas development has been established. This includes a series of surface engineering measures and exploration activities, such as drilling and seismic exploration, to maximize the potential of the natural environment.
The area also plays a crucial role in the most recent surface engineering achievements. It was in this area that the cutting-edge technology of horizontal well drilling was applied, with average well drilling depths of 3, 000 meters. The implementation of this cutting-edge technology allowed the implementation of integrated development measures. This includes the synchronization of water and gas sourcing, a crucial step for ensuring the success of offshore and onshore oil and gas exploitation.
Additionally, Qinghai Oilfield is a center for innovation and research related to the oil industry. Experts from around the world gather here to share and draw on the experiences of their peers. This year, the field is hosting experts from Europe, North America and Asia, who have come together to work on new technologies and strategies related to oil and gas exploration and extraction.
In addition to the advancements and innovations made in the oil industry, the Qinghai Oilfield also serves a critical ecological function. It boasts an impressive biological diversity, with over 2,000 species of protected animals, including rare species like the white-lipped deer and yellow-breasted bunting. The oilfield is also home to over 6,000 species of protected plants, making it a valuable conservation site.
The advancement of the oil industry in Qinghai Oilfield has been a key factor in ensuring energy security for the Chinese people. As a result, the Chinese government has been working hard to protect the ecology and biodiversity of this incredible oilfield. This includes the establishment of an Environmental Protection Fund, which has invested over 100 million Yuan in protecting the local environment in the area.
The extraordinary advances made in the Qinghai Oilfield have been instrumental in the transformation of China into a self-sufficient energy power. This is significant to the current Chinese economy, which is highly dependent on energy resources for its rapid and sustainable growth. As such, the country is constantly looking for new ways to develop and maximize the potential of its oilfields, including the exploration and extraction of new resources, and the development of new technologies and strategies. Thanks to the achievements made in the Qinghai Oilfield, these efforts have been successful.