Asset Report
Yacheng 13-1
Report summary
Yacheng 13-1, China's largest offshore gas field, is located in the Yinggehai Basin, and was primarily developed to supply gas to Hong Kong. The initial field development involved the installation of two offshore platforms. An additional accommodation platform was installed in 2004. The majority of the gas is processed, stripped of condensate and then piped via a pipeline to Hong Kong.
Table of contents
- Key facts
-
Summary and key issues
- Summary
- Key issues
- Location maps
- Participation
- Well data
-
Exploration
- 1980s
- 1990s
- Block 62/01
- CNOOC Ltd
- Post-2000
- Reserves and resources
- Production
-
Development
- Key development metrics
- Further details
- Ledong developments
- Infrastructure
- Costs
-
Sales contracts
- Hong Kong GSA
- Hainan Fertiliser Plant and Hainan Power GSA
- Revision to GSAs
- Fiscal and regulatory
-
Economic assumptions
- Cash Flow
- Discount rate and date
- Inflation rate
- Oil price
- Condensate price
- Gas price
- Exchange rate
- Global Economic Model (GEM) file
- Economic analysis
Tables and charts
This report includes 24 images and tables including:
- Key facts: Table 1
- Index Map
- Yacheng 13-1 Map
- Participation: Table 1
- Well data: Table 1
- Reserves and resources: Table 1
- Production: Table 1
- Production Profile
- Infrastructure: Table 1
- Exploration Costs
- Capital Costs
- Costs: Table 3
- Operating Costs
- Fiscal and regulatory: Table 1
- Cash Flow
- Economic analysis: Table 2
- Economic analysis: Table 3
- Split of Revenues
- Cumulative Net Cash Flow - Undiscounted
- Cumulative Net Cash Flow - Discounted at 10% from 01/01/2020
- Remaining Revenue Distribution (Discounted at 10% from 01/01/2020)
- Remaining Present Value Price Sensitivities
- Sales contracts: Table 1
- Sales contracts: Table 2
What's included
This report contains:
Other reports you may be interested in
29 July 2015
Hainan gas markets long-term outlook H1 2015
Commodity Market Report
Hainan gas markets long-term outlook H1 2015
Located in the South China Sea, Hainan's gas market is growing quickly across all sectors.
$1,65016 September 2019
Ledong Area
Asset Report
Ledong Area
The Ledong 15-1 and Ledong 22-1 gas fields, are located southwest of Hainan Island.
$2,90014 June 2019
Exploration trends - benchmarking by region
Asset Report
Exploration trends - benchmarking by region
Analysis of trends in conventional exploration by region over 2009-2018, including resources found, value creation and returns.
$11,000
Trusted by leading organisations
