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8 Pages

Review of 2012 - North Asia upstream sector

Review of 2012 - North Asia upstream sector

Report summary

China's national oil companies (NOCs) delivered strong production growth in 2012. PetroChina and Sinopec increased gas output by over 10% in their Tarim, Ordos and Sichuan basin operations, whilst offshore production rose by 12%. Oil production remained flat at 4.1 million b/d, supported by Enhanced Oil Recovery (EOR) projects in the Daqing and Shengli fields. Three licensing rounds were launched in 2012.

What's included?

This report includes 1 file(s)

  • Review of 2012 - North Asia upstream sector PDF - 676.30 KB 8 Pages, 0 Tables, 4 Figures


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  • Executive summary
  • Licensing
    • Shale
    • Offshore
  • Exploration – key wells and discoveries
    • Onshore
    • Offshore
    • Exploration in other parts of North Asia - South Korea, Mongolia and Taiwan
  • Development activity
    • Gas
    • Oil
  • Corporate activity
  • Regulatory changes
    • Events to watch in 2013
    • China deepwater drilling
    • China shallow water exploration
    • Shale gas activity
    • New IOC-NOC partnerships in unconventionals
    • Start-up of new gas projects
    • Gas price reform

In this report there are 4 tables or charts, including:

  • Executive summary
  • Licensing
    • Key events in North Asia in 2012
  • Exploration – key wells and discoveries
  • Development activity
    • Gas production in China by basin
    • Gas production in China by company
  • Corporate activity
  • Regulatory changes
    • Notable events in 2013
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