Commercial oil flows have been found by PetroChina in wells in the Mobei oilfield in the oil-rich Xinjiang Autonomous region of northwest China. A high-quality uncompartmentalized light oil reservoir has been proven. Parent company China National Petroleum Corp. announced that it expects to add new crude oil reserves of tens of millions metric tons.
Wells 121 and 122 in Block 116 of the Mobei oilfield, have yielded oil flows, and are located in Xinjiang Junggar Basin.
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