PetroChina adds 1.15 bln Barrels of Shale Oil Reserve at Pilot Project, State Media Says
09.26.2025 By Tank Terminals - NEWS

September 26, 2025 [Reuters]- PetroChina has proven another 158 million metric tons, or about 1.15 billion barrels, of shale oil reserve in a pilot project in northeast China, Chinese state media reported on Friday.

 

The Daqing Gulong project, located in northeast China’s Heilongjiang province and covering an area of 2,778 square kilometers, is currently pumping 3,500 tons, or about 25,550 barrels a day, state television said.

The project, which began test production in 2022, is one of a handful of pilot shale oil projects in the country as national oil companies step up drilling of harder-to-develop hydrocarbon resources to arrest declines in domestic oil production.

The growing proven reserve at Gulong is set to boost PetroChina’s shale oil output to more than 6.8 million tons this year (136,000 barrels per day), state TV added, without giving a comparison.

PetroChina produced about 5 million tons of shale oil last year, mostly from Qingcheng field in northern Ordos basin and Jimsar project in northwest Junggar basin, according to Chen Lin, Beijing-based analyst with Rystad Energy.

 

TankTerminals.com is a market research platform with not only manager-level contact details but also logistical, operational, infrastructural and shipping data of more than +9,600 tank terminals and +6,000 production facilities worldwide.


 

Access data. Decide better. See how.

Rhine Freight Market: Stable Rates Mask Soft Demand as Week Ends in Silence
04.27.2026 - NEWS
April 21, 2026 [Insights Global]- The Rhine barge freight market during 16–20 March was charact... Read More
ARA Freight Market: Light Ends Soften as Week Closes on Subdued Note
04.27.2026 - NEWS
April 21, 2026 [Insights Global]- The ARA barge freight market started the week with mixed signal... Read More
America Is Producing More Energy Than Ever. Our Supply Chains Are Not Keeping Up.
04.24.2026 - NEWS
April 21, 2026 [ Realclearenergy ]- Something remarkable happened in American energy last year. ... Read More
LOTTE Fine Chemical Completes World’s First Commercial-Scale Green Ammonia Import
04.24.2026 - NEWS
April 24, 2026 [Hydrocarbon Processing]- In early April, LOTTE Fine Chemical successfully complet... Read More