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  1. Market Data
May 6, 2022

Duvernay (Petrochina Company Limited) AB Unconventional Gas Field, Canada

By Carmen

Duvernay (Petrochina Company Limited) AB is a producing unconventional gas field located onshore Canada and is operated by PetroChina.

Field participation details

The field is owned by China National Petroleum.


Production from Duvernay (Petrochina Company Limited) AB

The Duvernay (Petrochina Company Limited) AB unconventional gas field recovered 44.96% of its total recoverable reserves, with peak production in 2017. The peak production was approximately 0.2 thousand bpd of crude oil and condensate, 64 Mmcfd of natural gas and 9.6 thousand bpd of natural gas liquids. Based on economic assumptions, production will continue until the field reaches its economic limit in 2040.


Remaining recoverable reserves

The field is expected to recover 50.37 Mmboe, comprised of 1.49 Mmbbl of crude oil & condensate, 162.76 bcf of natural gas reserves and 21.75 Mmbbl of natural gas liquid reserves. Duvernay (Petrochina Company Limited) AB unconventional gas field reserves accounts 0.04% of total remaining reserves of producing unconventional gas fields globally.


About PetroChina

PetroChina Co Ltd (PetroChina), a subsidiary of China National Petroleum Corporation, is an oil and gas company. It explores for and develops and produces crude oil and natural gas; refines crude oil and petroleum products; and produces and sells basic and derivative chemical products and others. The company also carries out the production and marketing of primary petrochemical products. It also markets and trades refined products; and transmit natural gas, crude oil and refined products through pipelines. The company’s exploration basins include Erdos, Tarim, Sichuan, Daqing, Changqing, Liaohe, Xinjiang and Bohai Bay. The company has operational presence in China, Kazakhstan, Venezuela and Indonesia. PetroChina is headquartered in Beijing City, Beijing, China.

Methodology

Information on the field is sourced from GlobalData’s fields database that provides detailed information on all producing, announced and planned oil and gas fields globally. Not all companies mentioned in the article may be currently existing due to their merger or acquisition or business closure.

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