The Karamay oil field is an

oil field A petroleum reservoir or oil and gas reservoir is a subsurface accumulation of hydrocarbons contained in porous or fractured rock formations. Such reservoirs form when kerogen (ancient plant matter) is created in surrounding rock by the presence ...

located in Xinjiang. It was discovered in 1955 and developed by

China National Petroleum Corporation The China National Petroleum Corporation (CNPC) () is a major national oil and gas corporation of China and one of the largest integrated energy groups in the world. Its headquarters are in Dongcheng District, Beijing. CNPC was ranked fourth ...

. It began production in 1955 and produces oil. The total proven reserves of the Karamay oil field are around 3 billion barrels (423×10⁶tonnes), and production is centered on .

References

Oil fields in China {{PRChina-geo-stub