Asset Report
Fengcheng
*Please note that this report only includes an Excel data file if this is indicated in "What's included" below
Report summary
The Fengcheng heavy oil field was discovered in late 1981 in the Junggar Basin. Early development focused on light oil from the Permian formation, but as technology improved, heavy oil became a greater priority. Steam flooding and horizontal drilling were initially applied to lift the heavy oil, but with limited effect. Then the Steam Assisted Gravity Drainage (SAGD) technology was piloted with more positive results. PetroChina has since widely employed SAGD.
Table of contents
- Summary
- Key Issues
- Exploration Costs
- Capital Costs
- Cash Flow
- Global Economic Model (GEM) file
- Cash Flow
Tables and charts
This report includes the following images and tables:
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Index MapDetail MapParticipation
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Reserves (2P) at 01/01/2026Production (2015-2024)Production ProfilePipeline SummaryExploration Costs 2009 to 2017 (US$ million)Capital Costs Pre-2016 to 2024 (US$ million)Operating Costs 2025 to 2034 (US$ million)Cash Flow (US$)
- 6 more item(s)...
What's included
This report contains:
