Asset Report

Fengcheng

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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:

  • Index Map
  • Detail Map
  • Participation
  • Reserves (2P) at 01/01/2025
  • Production (2015-2024)
  • Production Profile
  • Pipeline Summary
  • Exploration 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:

  • Document

    Fengcheng

    XLS 661.00 KB

  • Document

    Fengcheng

    PDF 1.99 MB