China Drills Deepest Oil Well in Asia

Written by Paulo Nogueira

Published on 30/07/2019 at 01:00

Updated on 29/07/2019 at 18:18

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Luntan One Oil Well, With a Current Depth of 8,882 Meters, Breaks the Record Set by Sinopec in 2019.

PetroChina Company, the largest oil and gas producer in China, announced on Thursday, 25, that it has completed drilling the deepest land well in Asia (in the Tarim Basin, the largest oil-producing area in China). Named Luntan and measuring exactly 8,882 meters, the well surpassed the previous depth record of 8,588 meters set by Sinopec.

The Luntan One well, with a current depth of 8,882 meters, broke the previous record of 8,588 meters set by Sinopec in February 2019, according to PetroChina’s Tarim Oilfield Company.

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About PetroChina

PetroChina is the largest oil company in China and the largest in the world by market value, it is a subsidiary of the China National Petroleum Corporation, one of the three major semi-state-owned Chinese oil companies.

PetroChina is advancing in the Brazilian fuel market. Owning 30% of the distributor TTWorks, the Chinese are reportedly negotiating to acquire control of the company, which belongs to the Pernambuco-based group Total.

China Drills Deepest Oil Well in Asia

Luntan One Oil Well, With a Current Depth of 8,882 Meters, Breaks the Record Set by Sinopec in 2019.

About PetroChina

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China Drills Deepest Oil Well in Asia

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