Insight
PetroChina hits the gas in the Sichuan basin
This report is currently unavailable
*Please note that this report only includes an Excel data file if this is indicated in "What's included" below
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.
Table of contents
- Discovery to pilot development in three years
-
Pilot development is well underway
- China domestic conventional & tight gas production
- Attractive economics?
-
A sense of cautious optimism
- Top 10 gas discoveries since 2010
- Appendix - Economic Assumptions
Tables and charts
This report includes the following images and tables:
- PetroChina hits the gas in the Sichuan basin: Image 1
- Sour gas project economics
- PetroChina hits the gas in the Sichuan basin: Image 2
- PetroChina hits the gas in the Sichuan basin: Image 3
What's included
This report contains:
Other reports you may be interested in
Asset Report
Sichuan Basin (Remaining Sinopec)
This asset analysis covers Sinopec's gas production in Sichuan, excluding Puguang and Yuanba.
$3,720
Asset Report
Sichuan Basin (PetroChina)
The Sichuan Basin is one of PetroChina's three large gas-producing regions in its domestic portfolio.
$3,720
Asset Report
Anyue
The giant Anyue gas discovery, located in the Sichuan basin, is the largest marine carbonate gas field found to date in China.
$3,720
