Tag #Tarim Oilfield

What is the immediate impact of China's increased ultra-deep oil and gas extraction on its energy security?

China's Tarim oilfield, the largest ultra-deep oil and gas production base, has extracted 150 million metric tons of oil and gas equivalent from depths exceeding 6,000 meters, accounting for 37 percent of the country's total output in 2024. This significant achievement reflects China's growing technological capabilities in ultra-deep drilling and its strategic push for energy security.