Asset Report
China North China exploration basin
*Please note that this report only includes an Excel data file if this is indicated in "What's included" below
Report summary
The North China basin is a prolific hydrocarbon province covering more than 435,000 km2, of which over 85% is onshore. Foreign investment is limited to the offshore (Bohai Gulf) sector of the basin, where explorers have created exceptional value through the discovery of shallow-water oil volumes. While a number of large and giant discoveries account for a significant proportion of offshore value creation, operators have also leveraged spare infrastructure to fast-track the development of smaller finds, delivering exceptional rates of return. This exploration basin report provides a detailed analysis of recent exploration and future expectations including discovery and development costs, location maps and information about licensing and fiscal terms. We also evaluate the yet-to-find volume and value potential. The report is accompanied by multiple excel downloads which detail costs, volumes and value.
Table of contents
- Key issues include:
- Wells drilled and success rates
- Volumes discovered
-
Prospective resources
- Play creaming curve and key play data
- Bohai Gulf (Tertiary)
- Prospective resource costs and underlying development assumptions
- Licensing
- Fiscal terms
- Oil prices
-
TYP and outlook economics
- Prospect economics
- Bohai Gulf (Tertiary)
- Expected monetary value
- Full cycle basin economics
Tables and charts
This report includes the following images and tables:
-
Commerciality indexExploration wells by playLicensed exploration acreage
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Expiry forecast of current licencesKey play characteristicsDrilling activity by well typeDiscoveries and success rateTop discoveries (TYP period)Bohai Gulf (Tertiary)Summary of discovery and development costsTypical fiscal termsBrent and local oil price assumptions
- 8 more item(s)...
What's included
This report contains:
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