Asset Report

Changbei

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The Changbei tight gas field is in the Ordos Basin, northern Shaanxi province. Shell developed Changbei's gas to mainly supply Beijing. A quick ramp-up between 2007 and 2008 ensured the gas was fed into the capital during the 2008 Summer Olympics and was used to light the Olympic flame. In September 1999, Shell signed a Production Sharing Contract (PSC) with PetroChina to develop Changbei.

Table of contents

  • Summary
    • Chang-1 & 2
    • Changbei II appraisal
    • Key development metrics - Changbei I
    • Wells
    • Well information
    • Supplier information
    • Further details
    • Changbei II phase I development
    • 1 more item(s)...
  • Exploration Costs
  • Capital Costs
  • Cash Flow
  • Gas Price
  • Global Economic Model (GEM) file
  • Cash Flow

Tables and charts

This report includes the following images and tables:

  • Index Map
  • Changbei Map
  • Exploration Costs 2016 to 2024 (US$ million)
  • Capital Costs Pre-2016 to 2024 (US$ million)
  • Operating Costs 2024 to 2033 (US$ million)
  • Annual Gas Prices
  • Cash Flow (US$)
  • PV Table (US$)
  • Summary Table (US$)
  • 7 more item(s)...

What's included

This report contains:

  • Document

    Changbei

    PDF 3.34 MB

  • Document

    Changbei

    PDF 3.34 MB