Oil/Gas Exploration and Development Program in the Qaidam Basin.(Brief Article) From: China Chemical Reporter | Date: December 6, 2000 | COPYRIGHT 2000 China National Chemical Information Center. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan.  All inquiries regarding rights should be directed to the Gale Group.Copyright information

To speed up the development and utilization of oil/gas resources in the Qaidam Basin, Qaidam Basin Oilfield has worked out a 5-year oil/gas exploration and development program and defined the development targets.

According to the program, the accumulative proven and controlled geological reserves will be more than 400 million tons for oil and 300 billion [m.sup.3] for gas in 2005. Efforts will be made to achieve proven and controlled gas geological reserves of 400 - 500 b...

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