Asset Report

Liaohe Oil Fields

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The Liaohe Oil Fields complex is located mostly in the Liaoning province. The southern part of the complex extends into the shallow water area of the northeastern Bohai Gulf. Development of the Liaohe oil fields started in the early-1970s, when several major oil fields such as Xinglongtai, Shuguang, Huanxiling and Damintun were brought onstream. After decades of development, heavy oil accounts for a large proportion of production and reserves.

Table of contents

  • Summary
  • Key Issues
  • 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 2014 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

    Liaohe Oil Fields

    XLS 677.00 KB

  • Document

    Liaohe Oil Fields

    PDF 2.27 MB