Linxing is a producing cbm field located onshore China and is operated by Sino Gas & Energy. The field is located in block Linxing East (CBM), Linxing (CBM), and Linxing (CBM).
Field participation details
The field is owned by China National Offshore Oil, China New Energy Mining and Sino Gas & Energy Holdings.
Production from Linxing
The Linxing cbm field recovered 13.09% of its total recoverable reserves, with peak production expected in 2022. The peak production was approximately 294 Mmcfd of natural gas. Based on economic assumptions, production will continue until the field reaches its economic limit in 2065. The field currently accounts for approximately 1% of the country’s daily output.
Remaining recoverable reserves
The field is expected to recover 311.41 Mmboe, comprised of 1,868.43 bcf of natural gas reserves. Linxing cbm field reserves accounts 7.33% of total remaining reserves of producing cbm fields globally.
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.