China North China exploration basin
Loading current market price
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.
What's included
This report contains
Table of contents
- Key facts
-
Summary and key issues
-
Key issues include:
- Commerciality index
-
Key issues include:
- Location maps
- Participation
- Geology
-
Exploration
- Wells drilled and success rates
-
Reserves and resources
- Volumes discovered
-
Prospective resources
- Play creaming curve and key play data
-
Development
- Prospective resource costs and underlying development assumptions
- Costs
-
Fiscal and regulatory
- Licensing
- Fiscal terms
-
Economic assumptions
- Oil prices
-
Economic analysis
-
TYP and outlook economics
-
Prospect economics
- Bohai Gulf (Tertiary)
-
Expected monetary value
- Bohai Gulf (Tertiary)
- Full cycle basin economics
-
Prospect economics
-
TYP and outlook economics
Tables and charts
This report includes 25 images and tables including:
Images
- Value creation versus investment (TYP period)
- Value creation versus investment (outlook)
- Exploration wells by play
- Licensed exploration acreage
- Expiry forecast of current licences
- Drilling activity by well type
- Discoveries and success rate
- Brent and local oil price assumptions
- TYP value creation, spend and volume discovered
- Outlook value creation, spend and prospective resource volume
- Summary and key issues: Image 3
- Bohai Gulf (Tertiary)
- Unit value of potential discoveries
- Prospect breakeven prices
Tables
- Key play data
- Assumptions
- Key play characteristics
- Summary of discovery and development costs
- Costs: Table 2
- Top discoveries (TYP period)
- Bohai Gulf (Tertiary)
- Typical fiscal terms
- Reserves and resources: Table 2
- Economic analysis: Table 1
- Full cycle economic analysis
You may be interested in
Questions about this report?
-
Europe:+44 131 243 4699
-
Americas:+1 713 470 1900
-
Asia Pacific:+61 2 8224 8898