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Crude Oil
Strategic ResourceEnergy • conventional_oil • 1 deposit(s)
World's largest oil importer. Domestic production declining. Daqing, Shengli mature fields. ~70% import dependent.
Chinese Oil Fields
Heilongjiang, Shandong, Xinjiang, Offshore
producing
Security:1/5Regulatory:2/5Environmental:3/5
Proved26.00B bbl(recoverable)
📊Data Quality
Quality Tier:proved
Confidence:80%
As of:2025-01-01
✓No data quality warnings
Sources
- Petroleum Resources
Ministry of Natural Resources, 2025
Base Case
Basis: recoverable (not applied)
= 40.0%
Gross Value
$2.08TmodeledState Value
$832.00BmodeledNotes: Production ~4M bpd vs ~14M bpd consumption.