PetroChina â Tarim made an important discovery in the Tarim Basin. Manshen 1 tested 4,430 b/d of oil and 13 MMcf/d of gas through a 10 mm choke at a depth around 8,000 m in the Ordovician-Cambrian carbonate formation in early April 2020. During drilling the well penetrated 54 m oil/gas pay.  Manshen 1 discovery made a breakthrough in the basin, it indicated a deep carbonate play fairway with 3,520 sq km where would have 1.6 bn bbl of oil geological resources.   The well, geologically, is located between the Tabei and Tazhong uplifts and has target in deep Ordovician-Cambrian formations. It is a frontier area in the basin and few wells have been drilled. According to IHS Markit data, Mancan 1 drilled in 1992 and Xiaotang 1 in 2008 around this area, both wells drilled to below 6,000 m but without discovery. In addition, PetroChina drilled Mancan 2 in this area but without details available.   In early 2019 PetroChina made an important discovery, Luntan 1, in the Tarim Basin. The well tested 840 b/d of oil and 1.7 MMcf/d of gas at a depth between 8,203 and 8,260 m after acidizing fracture in the deep sub-salt Wusonggeer Formation of the Cambrian, as a play opener well in the basin.   PetroChina started commercial exploration activities 30 years ago in the Tarim Basin, by end 2018 the company has approved about 7 bn bbls of oil and 60 Tcf of gas in place. In 2019 PetroChina made a significant achievement oil and gas production and produced at 113 Mb/d of oil and 2.8 Bcf/d of gas, comparing 110 Mb/d and 26 Bcm in 2018. PetroChina has a plan to produce at 120 Mb/d of oil and 3 Bcf/d of gas by 2020 in the Tarim Basin.
China, not found