Chuandongbei is a producing conventional gas field located onshore China and is operated by China National Petroleum. According to GlobalData, who tracks more than 34,000 active and developing oil and gas fields worldwide, the field is located in block Chuandongbei. Buy the profile here.
Field participation details
The field is owned by Chevron and China National Petroleum.
Production from Chuandongbei
The Chuandongbei conventional gas field recovered 36.60% of its total recoverable reserves, with peak production in 2020. The peak production was approximately 202.00 Mmcfd of natural gas. Based on economic assumptions, production will continue until the field reaches its economic limit in 2060.
Remaining recoverable reserves
The field is expected to recover 133.42 Mmboe, comprised of 800.54 bcf of natural gas reserves. Chuandongbei conventional gas field reserves accounts 0.05% of total remaining reserves of producing conventional gas fields globally.
About China National Petroleum
China National Petroleum Corp (CNPC) is an integrated energy company with operations encompassing the entire oil and gas industry value chain. Its businesses include exploration and production; natural gas sales, oilfield services, refining and chemicals, marketing and trading, engineering and construction, manufacturing, new energy development and finance. CNPC also designs and constructs oil and gas field production facilities, pipeline, storage tank, refinery and chemical plant, and offshore structures. It provides services in geophysical prospecting, drilling, well logging, mud logging and downhole operations. The company also has presence in new energy development, capital management, finance and insurance service sectors. CNPC is headquartered in Beijing, China.
For more details on the Chuandongbei Conventional Gas Field, buy the profile here.
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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.
