Daan is a producing conventional oil field located onshore China and is operated by Gobi Energy. According to GlobalData, who tracks more than 34,000 active and developing oil and gas fields worldwide, the field is located in block Daan. Buy the profile here.
An expansion project is associated with the Daan, namely the Daan Development . This project is currently in the feasibility stage.
Field participation details
The field is owned by Far East Energy.
Production from Daan
The Daan conventional oil field recovered 59.55% of its total recoverable reserves, with peak production in 2012. The peak production was approximately 15.63 thousand bpd of crude oil and condensate. Based on economic assumptions, production will continue until the field reaches its economic limit in 2053.
Remaining recoverable reserves
The field is expected to recover 43.24 Mmboe, comprised of 43.24 Mmbbl of crude oil & condensate. Daan conventional oil field reserves accounts 0.01% of total remaining reserves of producing conventional oil fields globally.
For more details on the Daan Conventional Oil 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.
