Wenbei is a producing conventional oil field located onshore China and is operated by Zhongman Petroleum and Natural Gas Group. According to GlobalData, who tracks more than 34,000 active and developing oil and gas fields worldwide, the field is located in block Wensu. Buy the profile here.
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An expansion project is associated with the Wenbei, namely the Wenbei Development. This project is currently in the feasibility stage.
Field participation details
The field is owned by Zhongman Petroleum and Natural Gas Group.
Production from Wenbei
The Wenbei conventional oil field recovered 15.68% of its total recoverable reserves, with peak production in 2023. Based on economic assumptions, production will continue until the field reaches its economic limit in 2072.
About Zhongman Petroleum and Natural Gas Group
Zhongman Petroleum and Natural Gas Group Corp., Ltd. (ZPEC), is an oil and gas company. It carries out exploration and development, integrated well drilling and engineering services. The company also manufactures petroleum equipment and oilfield products such as AC variable frequency drive (VFD) and DC motor electrical drilling rigs, mechanic-electric drilling rigs, work-over rigs, rig parts and components; machine products including mud pump, swivels, crown block, traveling block and hook; and electronic products such as electric power distribution and drive control systems. Its technical service offerings include directional drilling, cementing, logging and drilling fluid services. The company exports oilfield-related products to clients in the Middle East, Central Asia, Russia and North Africa. ZPEC is headquartered in Shanghai, China.
For more details on the Wenbei Conventional Oil Field, buy the profile here.
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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.
