Asset Report

Huabei Oil Fields

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The Huabei Oil Fields complex lies in the northwestern region of the North China basin. The Renqiu oil field, discovered in 1975, is the largest by both production and reserves. Oil output from the Huabei complex peaked at 348,000 b/d in 1979 and had produced over 202,000 b/d for the ten years thereafter.

Table of contents

  • Summary
    • Renqiu
    • Yanling
    • Other fields
  • Exploration Costs
  • Capital Costs
    • Special Oil Levy (Windfall Profit Tax)
  • Cash Flow
  • Gas price
  • 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
  • Exploration Costs 2013 to 2022 (US$ million)
  • Capital Costs Pre-2016 to 2024 (US$ million)
  • Operating Costs 2024 to 2033 (US$ million)
  • Annual Gas Prices
  • Cash Flow (US$)
  • 6 more item(s)...

What's included

This report contains:

  • Document

    Huabei Oil Fields

    XLS 677.50 KB

  • Document

    Huabei Oil Fields

    PDF 2.25 MB