Yumen is a producing conventional oil field located onshore China and is operated by China National Petroleum. According to GlobalData, who tracks more than 34,000 active and developing oil and gas fields worldwide, Buy the profile here.
Field participation details
The field is owned by China National Petroleum.
Production from Yumen
The Yumen conventional oil field recovered 91.35% of its total recoverable reserves, with peak production in 2009. The peak production was approximately 43.96 thousand bpd of crude oil and condensate and 54.00 Mmcfd of natural gas. Based on economic assumptions, production will continue until the field reaches its economic limit in 2037.
Remaining recoverable reserves
The field is expected to recover 19.95 Mmboe, comprised of 119.72 bcf of natural gas reserves.
About China National Petroleum
China National Petroleum Corp (CNPC) is an integrated energy company with operations encompassing the entire oil and gas industry value chain. Its businesses include exploration and production; natural gas sales, oilfield services, refining and chemicals, marketing and trading, engineering and construction, manufacturing, new energy development and finance. CNPC also designs and constructs oil and gas field production facilities, pipeline, storage tank, refinery and chemical plant, and offshore structures. It provides services in geophysical prospecting, drilling, well logging, mud logging and downhole operations. The company also has presence in new energy development, capital management, finance and insurance service sectors. CNPC is headquartered in Beijing, China.
For more details on the Yumen Conventional Oil Field, buy the profile here.