Asset Report
Jiuquan Basin (Yumen fields)
*Please note that this report only includes an Excel data file if this is indicated in "What's included" below
Report summary
The Yumen oil fields complex is in the Jiuquan Basin, a narrow intermontane basin located in a remote area of northcentral China. With commercial production starting in the 1940s, Yumen is often referred to as the 'cradle' of the Chinese oil industry. After around eight decades of development, all legacy fields are almost depleted, and the operating costs have risen over time.
Table of contents
- Summary
- Key Issues
- Exploration costs
- Capital costs
- Operating costs
- Cash Flow
- Global Economic Model (GEM) file
- Cash Flow
Tables and charts
This report includes the following images and tables:
- Index Map
- Jiuquan Basin Map
- Participation
- Reserves (2P) at 01/01/2026
- Production (2015-2024)
- Production Profile
- Exploration Costs 2014 to 2022 (US$ million)
- Capital Costs Pre-2016 to 2024 (US$ million)
- Operating Costs 2024 to 2033 (US$ million)
- Cash Flow (US$)
- PV Table (US$)
- Summary Table (US$)
- 2 more item(s)...
What's included
This report contains:
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