Exploration and development situation and development strategy of Daqing Oilfield Company#br#

doi:10.3969/j.issn.1672-7703.2021.01.005

Abstract

Abstract: The PetroChina Daqing Oilfield Company (hereinafter referred to as the Company) is currently facing problems which can be summarized as “insufficient replacement resources, increasing difficulties in petroleum development”. This paper reviews the history of exploration and development of the Company, illustrating its achievements and technological advances in exploration
and development and various business sectors. The major concerns and research directions are summarized, and development
strategies outlined. It is considered that the exploration practice of Daqing Oilfield has been instrumental in improving the general
theories of continental oil generation and source-controlled hydrocarbon accumulation. The company has developed exploration
theories for continental depression lake basins, complex fault depressions, volcanic rocks, and tight oil and gas, with characteristic
associated supporting technologies for petroleum exploration and development. The company faces issues with the expansion and
extension of the scope of petroleum exploration and development, and a series of problems in developing the ultra-high water-cut
Daqing Changyuan oilfield and the difficult-to-recover oil and gas reserves in the periphery of Changyuan oilfield. For this reason,
the company has made it clear that research on supporting technologies for shale oil and carbonate rocks exploration and development should be accelerated, based on improving existing exploration and development technologies. Oil recovery and effective production of difficult-to-recover reserves should achieve the twin goals of effective replacement of resources and increasing oil and gas production. Meanwhile, based on analysis of the major contradictions and challenges, as well as the advantages and potentials of self-development, the Company has proposed a development strategy of “sustainable and effective development of local oil and gas business, large scale and ‘leap forward’ development of the overseas oil and gas business, steady and orderly development of emerging replacement business, and optimization and upgrading development of the service business”. Based on the strategic development objectives of the Company, the “14th Five-Year Plan” for petroleum exploration and development has been formulated, which provides resources guarantees for the transformation, upgrading and development of the Company.

CLC Number:

Wang Guangyun, Wang Fenglan, Zhao Bo, Sun Guoxin, Meng Qi’an, Wang Yongzhuo, Liang Jiangping, Fang Yanjun. Exploration and development situation and development strategy of Daqing Oilfield Company#br#[J]. China Petroleum Exploration, 2021, 26(1): 55-73.

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