Tuziluoke is a producing conventional gas field located onshore China and is operated by Brightoil Petroleum (Holdings).
Field participation details
The field is owned by Brightoil Petroleum (Holdings) and China National Petroleum.
Production from Tuziluoke
The Tuziluoke conventional gas field recovered 36.21% of its total recoverable reserves, with peak production in 2017. The peak production was approximately 0.09 thousand bpd of crude oil and condensate and 85 Mmcfd of natural gas. Based on economic assumptions, production will continue until the field reaches its economic limit in 2056.
Remaining recoverable reserves
The field is expected to recover 51.67 Mmboe, comprised of 0.31 Mmbbl of crude oil & condensate and 308.12 bcf of natural gas reserves. Tuziluoke conventional gas field reserves accounts 0.02% of total remaining reserves of producing conventional gas fields globally.
About Brightoil Petroleum (Holdings)
Brightoil Petroleum (Holdings) Ltd (Brightoil) is a logistics service provider that offers upstream oil and gas resources exploration programs. The company offers exploration, development and production of upstream oil and gas fields, marine transportation, oil storage and terminal facilities, and international trading and bunkering business. It operates storage facilities, oil tank farms and terminals. Brightoil operates Aframax Oil Tankers and five VLCCs. The company also offers midstream and downstream development programs. It has operations in Hong Kong, Singapore and the US, among others. Brightoil is headquartered in Hong Kong.
Information on the field is sourced from GlobalData’s fields database that provides detailed information on all producing, announced and planned oil and gas fields globally. Not all companies mentioned in the article may be currently existing due to their merger or acquisition or business closure.