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
Asset Report
SK410B (LNG)
Lang Lebah giant sour gas field in Sarawak, Malaysia, PTTEP's largest ever operated discovery, is to be FID'ed in 2023 with a CCS component
$3,100
Asset Report
Anyue
The giant Anyue gas discovery, located in the Sichuan basin, is the largest marine carbonate gas field found to date in China.
$3,100
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