Liuhua 29-1 is a producing conventional gas field located in deepwater in China and is operated by Husky Oil Operations (China). According to GlobalData, who tracks more than 34,000 active and developing oil and gas fields worldwide, the field is located in block Block 29/26, with water depth of 2,362 feet. Buy the profile here.
Field participation details
The field is owned by Cenovus Energy and China National Offshore Oil.
Production from Liuhua 29-1
The Liuhua 29-1 conventional gas field recovered 9.82% of its total recoverable reserves, with peak production in 2022. The peak production was approximately 62.00 Mmcfd of natural gas and 2.17 thousand bpd of natural gas liquids. Based on economic assumptions, production will continue until the field reaches its economic limit in 2046.
Remaining recoverable reserves
The field is expected to recover 51.74 Mmboe, comprised of 257.01 bcf of natural gas reserves and 8.91 Mmbbl of natural gas liquid reserves. Liuhua 29-1 conventional gas field reserves accounts 0.02% of total remaining reserves of producing conventional gas fields globally.
For more details on the Liuhua 29-1 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.
