Panhe is a producing cbm field located onshore China and is operated by China United 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 Panhe (CBM). Buy the profile here.
Field participation details
The field is owned by China National Offshore Oil.
Production from Panhe
The Panhe cbm field recovered 60.04% of its total recoverable reserves, with peak production in 2012. The peak production was approximately 25.00 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 12.15 Mmboe, comprised of 72.91 bcf of natural gas reserves. Panhe cbm field reserves accounts 0.30% of total remaining reserves of producing cbm fields globally.
About China United Coalbed Methane
China United Coalbed Methane Co Ltd is engaged in coalbed methane resources exploration, development, production, transmission, distribution and use.
For more details on the Panhe CBM 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.
