China North East Petroleum Holdings Ltd, (CNEPH) an oil producing company in Northern China, has announced the most recent completion of its 21st well of the Company’s Qian 112 oil field drilling project. On 22 May, the drilling team successfully completed the drilling work on a new well (reference number Qian 12-14). Their engineers report the Qian 12-14 well is producing 38 barrels of crude oil per day, which is double the amount originally expected by their technicians. By analysing the borehole log and well log, CNEPH’s geological experts confirm that there are two oil layers with the thickness of 4.4m, and seven oil-water layers with the thickness of 17.4m. Such evidence, along with other geological indexes, further proves the production feasibility of the Qian 112 oil field. In an ongoing effort to increase production, the drilling rig and equipment have now been moved from the Qian 12-14 well to a new drilling location – Qian 12-16 in the Qian 112 oil field, and the work to drill this new well has already begun.
