Inform
CNPC's giant Mahu discovery highlights China's oil challenge
This report is currently unavailable
Report summary
On 1 December, CNPC announced details of a giant discovery in the Mahu area of the Junggar Basin, in China's far- western Xinjiang province. Oil-in-place volumes are now estimated at 520 million tonnes or 3.8 billion barrels. Unlike shale or tight oil resource plays, Mahu is considered a conventional discovery, with defined source rock and reservoir layers. But, the field will require unconventional techniques such as hydraulic fracturing and horizontal drilling to maximise recovery.
Table of contents
- No table of contents specified
Tables and charts
No table or charts specified
What's included
This report contains:
Other reports you may be interested in
Country Report
Austria upstream summary
A mature producer, with output in decline - Austria currently produces around 20,000 boe/d, split almost evenly between liquids and ...
$3,400
Country Report
Guyana upstream summary
Guyana's upstream fortunes changed with the Liza oil discovery. Liza was the first in a series of over 30 discoveries made over ...
$3,400
Country Report
Turkey upstream summary
Outlook transformed by giant Black Sea gas discoveries and renewed onshore success - State-owned TPAO dominates Türkiye ...
$5,400
