Yuedong is a producing conventional oil field located in shallow water in China and is operated by Tincy Group Energy Resources. According to GlobalData, who tracks more than 34,000 active and developing oil and gas fields worldwide, the field is located in block Hainan Yuedong. Buy the profile here.
Field participation details
The field is owned by China National Petroleum, CITIC Group and Far Great Investments.
Production from Yuedong
The Yuedong conventional oil field recovered 42.43% of its total recoverable reserves, with peak production in 2016. Based on economic assumptions, production will continue until the field reaches its economic limit in 2067.
About Tincy Group Energy Resources
Tincy Group Energy Resources Limited is an oil and gas exploration company and holds holds the right to explore, develop and operate the Hainan- Yuedong Block until 2034. It is a wholly-owned subsidiary ofFar Great Investments Limited.
For more details on the Yuedong Conventional Oil Field, buy the profile here.