Asset Report
Huabei Oil Fields
*Please note that this report only includes an Excel data file if this is indicated in "What's included" below
Report summary
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
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Key Issues
- Renqiu
- Yanling
- Other fields
- Exploration Costs
- Capital Costs
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Operating 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:
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Index MapDetail MapParticipation
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Reserves (2P) at 01/01/2026Production (2015-2024)Production ProfileExploration Costs 2016 to 2025 (US$ million)Capital Costs Pre-2016 to 2024 (US$ million)Operating Costs 2025 to 2034 (US$ million)Annual Gas PricesCash Flow (US$)
- 6 more item(s)...
What's included
This report contains:
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