No. 1 well of Hutubi in the middle of southern margin of Junggar Basin, Xinjiang Uyghur Autonomous Region. (Photo provided to China News Service)
(ECNS) — Oil exploration achieved a breakthrough at a well in Hutubi County, Xinjiang Uyghur Autonomous Region, PetroChina's Xinjiang Oilfield Company announced Wednewsday.
Located in the middle of southern margin of Junggar Basin, the well boasts a daily production capacity of 61,000 cubic meters of natural gas and 106.3 cubic meters of crude oil.
The well is estimated to store a billion cubic meters of oil and gas.