Chengzhuang is a producing cbm field located onshore China and is operated by Petrochina Coalbed Methane. According to GlobalData, who tracks more than 34,000 active and developing oil and gas fields worldwide, the field is located in block Chengzhuang Block (GCZ) CBM. Buy the profile here.
Field participation details
The field is owned by China National Petroleum and G3 Exploration.
Production from Chengzhuang
The Chengzhuang cbm field recovered 81.04% of its total recoverable reserves, with peak production in 2012. The peak production was approximately 12.00 Mmcfd of natural gas. Based on economic assumptions, production will continue until the field reaches its economic limit in 2044.
Remaining recoverable reserves
The field is expected to recover 1.48 Mmboe, comprised of 8.91 bcf of natural gas reserves. Chengzhuang cbm field reserves accounts 0.04% of total remaining reserves of producing cbm fields globally.
About Petrochina Coalbed Methane
Petrochina Coalbed Methane Co Ltd is a Oil & Gas Exploration & Production Industry that operates oil and gas field properties.The company is headquartered in China.
For more details on the Chengzhuang CBM Field, buy the profile here.
Subscribe to our Newsletter
Get industry leading news, data and analysis delivered to your inbox
GlobalData, the leading provider of industry intelligence, provided the underlying research used to produce this article.
This information is drawn from GlobalData’s Oil & Gas Intelligence Center, which provides detailed profiles of 34,000+ oil and gas fields, 400,000+ exploration blocks, 1,100+ LNG terminals, 3,400+ gas processing plants, 5,000+ storage terminals, and 8,000+ pipelines, 1,400+ refineries and 13,000+ petrochemical plants worldwide.
