Groundbirch (Petrochina Company Limited) BC 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 Groundbirch (Petrochina Company Limited) BC
The Groundbirch (Petrochina Company Limited) BC unconventional gas field recovered 86.99% of its total recoverable reserves, with peak production in 2018. The peak production was approximately 56 Mmcfd of natural gas. Based on economic assumptions, production will continue until the field reaches its economic limit in 2030.
Remaining recoverable reserves
The field is expected to recover 3.85 Mmboe, comprised of 20.01 bcf of natural gas reserves and 0.52 Mmbbl of natural gas liquid reserves.
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.
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.
How well do you really know your competitors?
Access the most comprehensive Company Profiles on the market, powered by GlobalData. Save hours of research. Gain competitive edge.
Your download email will arrive shortly
Not ready to buy yet? Download a free sample
We are confident about the unique quality of our Company Profiles. However, we want you to make the most beneficial decision for your business, so we offer a free sample that you can download by submitting the below formBy GlobalData