There are currently 104 rigs located in China, of which 26 (including three tender-assist rigs) are yet-to-be delivered. Of these, the working fleet usually numbers under 70 units. It is mainly a shallow-water market, with jackups making up the bulk of the delivered fleet.
[pdf] According to Volza's Global Import data, World imported 18,450 shipments of Drilling Rig from China during Mar 2023 to Feb 2024 (TTM). These imports were supplied by 1,388 China exporters to 1,391 World buyers, marking a growth rate of 78% compared to the preceding twelve months.
[pdf] China's land-based oil resources are mostly concentrated in the country's north. Large oil fields include , , , , and Dagang. China's proven oil reserves per capita are low. Province started producing in 1960, and by 1963 was producing nearly 2.3 million tons of oil. Production from Daqing declined, but in 1965, in Sh.
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