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petroleum geological reserves news

Oct 29, 2018

On October 25, the China Petrochemical Reserve Review Committee announced that the control and prediction of petroleum geological reserves declared by the Zhongyuan Oilfield passed the examination and approval of the expert group. The total annual control of petroleum geological reserves was 11.99.65 million tons, and the new forecast of petroleum geological reserves was 10.63.91 million tons. This indicates that Zhongyuan Oilfield has exceeded the target of 8 million tons of newly controlled petroleum geological reserves and 10 million tons of newly predicted petroleum geological reserves issued by the Group Company and fulfilled the annual reserve task ahead of schedule.


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