China News Service Xining, April 10 (Sun Rui, Li Yun, Wang Degang) A reporter learned from China National Petroleum Corporation Qinghai Oilfield Branch (hereinafter referred to as "Qinghai Oilfield") that under low oil prices, the production and operation indicators of Qinghai Oilfield are in reverse On the other hand, as of March 31, this year's oil and gas equivalent production has exceeded 1.82 million tons, achieving an open source and reducing costs and increasing efficiency by 42 million yuan.
Qinghai Oilfield is the highest oil and gas field in the world and one of the earliest developed oilfields in China. The Qaidam Basin, located in Haixi Prefecture, Qinghai Province, is an important oil and gas supply base in the four provinces of Qinghai, Tibet, Gansu, and Ningxia, with an average elevation of about 3,000 meters.
According to the introduction of Qinghai Oilfield, since the beginning of this year, facing the dual "big test" of epidemic prevention and control and low oil prices, Qinghai Oilfield has refined 49 reductions in terms of 9 core tasks including efficient storage increase, benefit development, open source income increase, and strict cost control. This initiative will take multiple measures to tighten the cost of the "money bag" and scientifically respond to the tough battle of improving quality and increasing efficiency.
On March 31, Well Feng 10 in Qinghai Oilfield opened the pre-explored daily oil production of 16 cubic meters, becoming the third exploration well in Qinghai Oilfield to enjoy industrial oil flow since the beginning of this year.
Exploration has always been a major user of oilfield cost expenditures, as well as a major user of cost savings. This year Qinghai Oilfield plans to explore 192,100 meters of drilling, including 28 pre-exploration wells and 19 evaluation wells, with a two-dimensional earthquake of 1,100 kilometers and a three-dimensional earthquake of 1,010 square kilometers. Qinghai Oilfield regards exploration as the focus of coping with low oil prices, improving quality and efficiency, advancing natural gas exploration with high efficiency, advancing oil exploration with high quality, advancing risk exploration with high standards, and advancing comprehensive exploration with high standards, through capital dicing, engineering contracting, and speeding up Improve efficiency and other ways to reduce construction costs, ensure that the success rate of pre-exploration wells is more than 45%, the success rate of evaluation wells is more than 70%, and the average ROP is more than 5 meters per hour, achieving the goals of increasing reserves and reducing costs.
At the same time, in line with the idea of “maximizing production, serialization of technology, orderly operation, and integration of production and sales”, Qinghai Oilfield has focused on remaining oil and gas potential exploitation, with fine description of oil and gas reservoirs as the starting point, and has fully developed new technologies and new processes. Research to ensure that the natural decline rate and the comprehensive decline rate of the oil field are controlled within 12% and 6%, and the decline rate of the gas field is controlled within 9.9% to achieve hard and stable production in the old area; Well location deployment, strengthen process management and control, strive to increase single well output, build more profitable production capacity, take more profitable production, ensure that investment costs are fully controlled, and strive to complete the annual output of crude oil and natural gas.
Qinghai Oilfield stated that, based on the oil price level, it will determine the scale of the operation. Qinghai Oilfield will reduce costs through measures such as optimization of process design, the use of tubing rods and other idle equipment, energy conservation and consumption reduction, and adhere to the regional pricing mechanism of self-operated products. 29.06 million yuan. (Finish)