Asset Report
China Qiongdongnan 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 Qiongdongnan Basin is a Cenozoic fault-depression basin in the northern South China Sea. Water depths can be up to 3,000 metres, although most historic exploration has focused on the Tertiary Shelf oil play. Exploration of the basin’s deepwater potential began in the 2000s when blocks were offered for IOC cooperation for the first time. Apart from Husky Energy, all foreign companies that entered the basin at this time have relinquished their deepwater acreage after disappointing well results. Interest could pick up in the area again following upstream industry reform in China and a new offshore bidding round in late 2019/2020.
Table of contents
- Key issues include:
Tables and charts
This report includes the following images and tables:
-
Exploration history mapExploration wells by play
What's included
This report contains:
Other reports you may be interested in
Asset Report
Indonesia South Sumatra exploration basin
The pre-Tertiary Basement proviedes some upside for prospectivity in a mature basin
$2,800
Asset Report
Block 9-2 (Ca Ngu Vang)
Midsize oil, gas and condensate field in Vietnam's Cuu Long Basin, operated by a JOC between Pharos, PTTEP and PVEP
$3,720
Insight
The “Guangdong model”: redefining gas power in China’s high-renewable grid
New gas power policy of Guangdong province drives structural shift from baseload to peak-only dispatch, resulting in reduced running hours
$950
