China has begun the annual national oil and gas resources assessment after China's National Petroleum Assessment 2007. Based on previous assessments, China's National Petroleum Assessment 2011 has evaluated conventional oil and gas, oil shale, and shale oil resources in the Songliao basin and its surrounding medium and small-scale basins and the Liaohe depression of the Bohai Bay basin in northeastern China by using the petroleum resource assessment software system developed by China's National Petroleum Assessment 2007 and updated in recent years. The assessment results show that oil and gas recoverable resources in northeastern China are 7.22 billion tons of oil and 2.46 trillion cu m of gas and that total oil and gas recoverable resources in China are 24.58 billion tons of oil and 33.76 trillion cu m of gas. Oil and gas recoverable resources in northeastern China make up 29.37% and 7.29%, respectively, of the total of China. Oil shale and oil from oil shale recoverable resources in northeastern China are 233.4 billion tons and 8.66 billion tons, respectively. Shale oil in-place resources in the Gulong area of the Songliao basin are 1.15 billion tons. It is forecast that the annual oil proved reserves will sustain the current level and the annual gas proved reserves will increase at a fast rate in northeastern China before 2030. Oil production will exceed 56 million tons/year before 2020 and reach 45 million tons/year at the end of 2030. Gas production will be 26 billion cu m/year at the end of 2030.