The world’s largest metamorphic rock oilfield has commenced production. The billion-tonne Phase I project of Bohai 26-6 started production on February 7, according to its developer, China National ...
Producing light crude, Bozhong 26-6 is expected to reach 22,300 barrels of oil equivalent a day in peak production this year.
The King exploration well is positioned close to BP's current facilities and subsea pipelines in the West Nile Delta project.
Oil and condensate reserves increased by 592 million tons and natural gas by 708 billion cubic meters, surpassing the ...