Ren Min Ri Bao·2025-10-28 00:29Core Viewpoint - The Xinjiang Oilfield has developed significantly over 70 years, becoming a crucial contributor to China's energy security, transitioning from a major oil field to a comprehensive oil and gas production area, and embracing green and low-carbon transformation initiatives [1][2][3][4]. Group 1: Historical Development - The Xinjiang Oilfield was established in 1955 with the discovery of the Karamay Oilfield, which marked the beginning of large-scale oil production in China [1]. - By 1960, the oilfield's production accounted for 39% of the national output, supporting significant national oil campaigns [1]. - The oilfield has produced a cumulative total of 470 million tons of crude oil and 112.1 billion cubic meters of natural gas over its 70-year history [4]. Group 2: Technological Advancements - Significant breakthroughs in exploration technology, such as digital logging and 3D seismic methods, have greatly improved exploration accuracy [2]. - The introduction of foreign investment and advanced technologies during the reform era has established a market-oriented operational framework [2]. - Innovative techniques, including SAGD technology and theories related to reservoir formation, have reached international advanced levels [3]. Group 3: Production Achievements - The Xinjiang Oilfield became the first in western China to exceed an annual crude oil production of 10 million tons in 2002, maintaining over 12 million tons in 2019 [3]. - In 2024, the oilfield is projected to produce 14.86 million tons of crude oil and 4.51 billion cubic meters of natural gas, establishing a demonstration area for shale oil production [3][4]. Group 4: Green and Low-Carbon Initiatives - The oilfield has implemented a CCUS project that captures and stores 350,000 tons of CO2 annually and has developed solar power generation exceeding 520 million kilowatt-hours [4]. - The establishment of the largest gas storage facility in China, with a working gas capacity of 4.5 billion cubic meters, enhances energy security for the region [4]. - The Xinjiang Oilfield is committed to ecological restoration, having decommissioned 284 oil and water wells to protect local wildlife habitats [3].