Asset Report

Jidong Oil Fields

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Jidong oil field complex is situated in the northern coast of the Bohai Gulf. It includes onshore and offshore fields in less than 5 metres water depth. Since 2002, horizontal and directional drilling have been extensively implemented to boost liquids production. Over the last decade, output steadily declined.Nanpu was discovered in 2007 in the offshore tidal area of the Bohai Gulf.

Table of contents

  • Summary
    • Jidong
    • Nanpu
  • Exploration Costs
  • Capital Costs
    • Special Oil Levy (Windfall Profit Tax)
  • Cash Flow
  • Gas Price
  • Global Economic Model (GEM) file
    • Jidong Oil Fields
    • Nanpu
  • Indicative Technical Valuations

Tables and charts

This report includes the following images and tables:

  • Index Map
  • North China Basin - PetroChina Map
  • Participation
  • Reserves (2P) at 01/01/2025
  • Production (2015-2024)
  • Jidong Oil Fields Production Profile
  • Nanpu Production
  • Exploration Costs 2014 to 2022 (US$ million)
  • Capital Costs Pre-2016 to 2024 (US$ million)
  • Operating Costs 2024 to 2033 (US$ million)
  • Annual Gas Prices
  • 13 more item(s)...

What's included

This report contains:

  • Document

    Jidong Oil Fields

    XLS 898.50 KB

  • Document

    Jidong Oil Fields

    PDF 2.54 MB