Zhao Dong Block is a producing conventional oil field located in shallow water in China and is operated by PetroChina. According to GlobalData, who tracks more than 34,000 active and developing oil and gas fields worldwide, the field is located in block Zhao Dong. Buy the profile here.
Field participation details
The field is owned by China National Petroleum and Hainan Mining.
Production from Zhao Dong Block
The Zhao Dong Block conventional oil field recovered 85.74% of its total recoverable reserves, with peak production in 2005. The peak production was approximately 33.19 thousand bpd of crude oil and condensate. Based on economic assumptions, production will continue until the field reaches its economic limit in 2042.
Remaining recoverable reserves
The field is expected to recover 19.02 Mmboe, comprised of 19.02 Mmbbl of crude oil & condensate.
PetroChina Co Ltd (PetroChina), a subsidiary of China National Petroleum Corporation, is an oil and gas company. It explores for and develops and produces crude oil and natural gas; refines crude oil and petroleum products; and produces and sells basic and derivative chemical products and others. The company also carries out the production and marketing of primary petrochemical products. It also markets and trades refined products; and transmit natural gas, crude oil and refined products through pipelines. The company’s exploration basins include Songliao, Ordos, Tarim, Junggar, Sichuan and Bohai Bay. The company has operational presence in China, Kazakhstan, Australia and Indonesia. PetroChina is headquartered in Beijing City, Beijing, China.
For more details on the Zhao Dong Block Conventional Oil Field, buy the profile here.