Asset Report

Daqing Oil Fields

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The Daqing oil field complex, PetroChina's largest oil-producing complex in its domestic portfolio, is in the Songliao basin. The complex produced over one million barrels per day between 1977 and 2003. After more than 50-year production, the field is depleted quickly. Many Enhance Oil Recovery (EOR) techniques have been implemented to contain decline, including water, foam and polymer flooding. Wider and more extensive EOR implementation is required to enhance recovery.

Table of contents

  • Summary
    • Foreign Participation
    • Oil exploration
    • Gas exploration
    • Key Development Metrics
    • Wells
    • Additional detail
    • Enhanced oil recovery
  • Exploration Costs
  • Capital Costs
  • Cash Flow
  • Gas price
  • Global Economic Model (GEM) file
  • Cash Flow

Tables and charts

This report includes the following images and tables:

  • Index Map
  • Daqing Oil Fields Map
  • Exploration Costs 2016 to 2024 (US$ million)
  • Capital Costs Pre-2016 to 2024 (US$ million)
  • Operating Costs 2025 to 2034 (US$ million)
  • Annual Gas Prices
  • Cash Flow (US$)
  • PV Table (US$)
  • Summary Table (US$)
  • Split of Revenues
  • Cumulative Net Cash Flow - Undiscounted
  • Cumulative Net Cash Flow - Discounted at 10% from 01/01/2025
  • 6 more item(s)...

What's included

This report contains:

  • Document

    Daqing Oil Fields

    XLS 687.00 KB

  • Document

    Daqing Oil Fields

    PDF 2.27 MB