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Review of 2012 - North Asia upstream sector

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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.

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  • Document

    Review of 2012 - North Asia upstream sector

    PDF 676.30 KB

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This report includes 4 images and tables including:

Images

  • Key events in North Asia in 2012
  • Gas production in China by basin
  • Gas production in China by company
  • Notable events in 2013

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