CNPC's Peruvian oil fields maintain 4,000 bpd of crude oil output

Nov 16, 2009 01:00 AM

China National Petroleum Corporation (CNPC), China's largest oil and gas producer, has maintained 4,000 bpd production of its Peruvian marginal oil fields in Block 6 and Block 7 for 30 days, the highest level in the past 10 years for these blocks, the company reported.
CNPC, also China's leading onshore oil and gas exploration and development expert, is contracted to develop Peru's marginal oil fields, mostly in Block 6 and Block 7.

The achievement is a proof that through its superb technology, CNPC is capable of conducting E&D operation in these marginal oil fields, or so-called aging oil fields.

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