The history of Chinese Oil industry in 5 minutes. though Yumen was the first oil Field It was not until Daqing was exploited that Chinese oil industry take off. As usual western expert does not believe China has any significant oil bearing field. For you who is too young to remember the era, Here is the story of "iron man Wang". He built oil rig with his bare hand. Without those find China will never experience economic take off of 80' and 90's
How China ended its dry crude oil period after 1949
In its early years, the People's Republic of China faced a dire shortage of crude oil. In 1949, when the country was founded, it produced only 120,000 tonnes of oil, so small an amount that it had to buy more from the Soviet Union. Foreign geologists once asserted that China was a country short of crude oil, an argument widely believed until the late 1950s when an oil field was discovered in Daqing, northeast China's Heilongjiang Province, which later became known as the oil capital of China. For thousands of oil workers in Daqing, contributing to the country's industrial take-off meant the world to them.
China's First Self-operated 1,500m Deep-water Gas Field Starts Operation
China was so poor back then they have to hand pulled a motor in this video, compare that to the sophistication of china's oil industry today
The world's first 100,000-ton deep-sea semi-submersible oil production and storage platform, named "Deep Sea No.1," started production in the South China Sea on Friday. The Deep Sea No.1 energy station, built by China National Offshore Oil Corporation (CNOOC), is used to develop the Lingshui 17-2 gas field, 150 kilometers off the southern island province of Hainan, with an average operational water depth of 1,500 meters.
