Asset Report

Jiuquan Basin (Yumen fields)

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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

  • Key facts
    • Summary
    • Key issues
  • Location maps
  • Participation
  • Reserves and resources
  • Production
  • Costs
    • Cash Flow
    • Discount rate and date
    • Inflation rate
    • Oil price
    • Exchange rate
    • Global Economic Model (GEM) file
  • Economic analysis

Tables and charts

This report includes 17 images and tables including:

  • Key facts: Table 1
  • Index Map
  • Jiuquan Basin Map
  • Participation: Table 1
  • Reserves and resources: Table 1
  • Production: Table 1
  • Production: Table 2
  • Production Profile
  • Exploration costs
  • Capital costs
  • Costs: Table 3
  • Operating costs
  • Cash Flow
  • Economic analysis: Table 2
  • Economic analysis: Table 3
  • Split of Revenues
  • Remaining PV Price Sensitivities

What's included

This report contains:

  • Document

    Jiuquan Basin (Yumen fields)

    PDF 8.61 MB

  • Document

    Jiuquan Basin (Yumen fields)

    XLS 554.50 KB