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OIL FLOW RISING IN E. CHINA REGION

01.01.1990 / Energyboardroom

Production is building from an oil producing area in the lower reaches of the Yangtze River in eastern China's Jiangsu Province. The northern Jiangsu oil area, under development by Jiangsu Oil Exploration Corp. (Joeco) since 1975, is expected to produce an average 20,000 b/d this year. The area is thought to have produced about 16,000 b/d of oil during 1989, accounting for about one fifth of Jiangsu Province's demand. Cumulative production through 1988 was about 39 million bbl of oil

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