Insight
PetroChina hits the gas in the Sichuan basin
Report summary
PetroChina has announced its development plan for a giant gas find in its Moxi block in China’s Sichuan Basin. Gas-in-place for the Anyue field have been estimated at 15.5 tcf of gas, with 10.9 tcf of technically recoverable reserves. If further development drilling confirm reserves at this scale, it would be hugely significant for PetroChina and a vindication of its strategy of focusing on conventional opportunities rather than the much-hyped shale potential in the Sichuan Basin.
What's included
This report contains
Table of contents
- Discovery to pilot development in three years
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Pilot development is well underway
- China domestic conventional & tight gas production
- Attractive economics?
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A sense of cautious optimism
- Top 10 gas discoveries since 2010
- Appendix - Economic Assumptions
Tables and charts
This report includes 4 images and tables including:
Images
- PetroChina hits the gas in the Sichuan basin: Image 1
- PetroChina hits the gas in the Sichuan basin: Image 2
- PetroChina hits the gas in the Sichuan basin: Image 3
Tables
- Sour gas project economics
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