Calculation principles for crude oil production

1.
Crude oil production is calculated
according to the net amount of crude oil (that is, the amount of crude oil after deducting water content and sediment).

2.
In order to rationally develop and utilize the country's underground petroleum resources, the crude oil produced from the oil production well must enter the collection and transportation system to minimize the entry into the soil oil pool
.

3.
Due to accidents, natural disasters and the production of landed oil generated from exploration wells, scrapped wells, undelivered oil production or wells that do not have production conditions, the output of crude oil shall be calculated according to the amount of oil sold, used and recovered
.

4.
Crude oil production includes condensate recovered directly from the wellhead of oil (gas) wellhead or recovered by treatment units
.

5.
The pipeline oil storage after the new pipeline inside the oilfield is put into operation cannot be reported as inventory, and the crude oil to be removed when the pipeline is scrapped can be included in the crude oil production in the
reporting period.
Where the pipeline oil has been reported before, after the pipeline is scrapped, the removed crude oil can no longer be counted in the crude oil production
of the current period.
When balancing crude oil, the removed crude oil is treated as an increase in the opening inventory and this amount is
noted on the statement.

6.
To calculate crude oil production, a regular inventory system must be established and accurately measured
by measuring the ruler or flow meter.

7.
The inventory of calculating crude oil production must be tested and meet quality standards
.
Crude oil inventories that do not meet quality standards cannot be used as the inventory range for
production.