Pinghu Oil and Gas Field (East China Sea, China)

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Pinghu Oil and Gas Field (平湖) is an operating oil and gas field in East China Sea, China.

Project Details

Main Data

Table 1: Field-level project details for Pinghu Oil and Gas Field

*Final Investment Decision
Unit name Status Operator Owner Discovery year FID* year Production start year
Pinghu Operating[1] Shanghai Oil and Gas Operating Company Limited[2] Shenergy Group (40.0%); CNOOC Limited (30.0%); Sinopec (30.0%)[3] 1983[2] 1998[2]

Production and Reserves

Table 2: Reserves of Pinghu Oil and Gas Field

million m³ = million cubic meters million bbl = million barrels of oil
Fuel Description Reserve Classification Quantity Units Data Year Source
gas estimated reserves 736.2 million m³ 2010 [3]
oil estimated reserves 2.4 million bbl 2010 [3]

Table 3: Production from Pinghu Oil and Gas Field

million m³/y = million cubic meters per year million bbl/y = million barrels of oil per year
Category Fuel Description Quantity Units Data Year Source
production oil 0.53 million bbl/y 2009 [4]
production gas 4.12 million m³/y 2009 [4]
production oil 0.52 million bbl/y 2006 [3]
production gas 657 million m³/y 2009 [3]

Location

Table 4: field-level location details for Pinghu Oil and Gas Field

Basin Location Coordinates (WGS 84)
East China Sea Shelf East China Sea, China[3][2] 28.487, 125.003 (approximate)[3][2]

The map below shows the approximate location of the field:

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Articles and Resources

Additional data

To access additional data, including an interactive map of oil and gas extraction sites, a downloadable dataset, and summary data, please visit the Global Oil and Gas Extraction Tracker on the Global Energy Monitor website.

References

  1. https://www.msa.gov.cn/msacncms_wap/pages/content.do?articleId=D23C9856-0B95-410E-8E9F-B93B3D814800. {{cite web}}: Missing or empty |title= (help)
  2. 2.0 2.1 2.2 2.3 2.4 https://web.archive.org/web/20230325125151/https://www.eia.gov/international/analysis/regions-of-interest/East_China_Sea. Archived from the original on 25 March 2023. {{cite web}}: Missing or empty |title= (help)
  3. 3.0 3.1 3.2 3.3 3.4 3.5 3.6 Guo Rongxing (40422). "TERRITORIAL DISPUTES AND SEABED PETROLEUM EXPLOITATION" (PDF). BROOKINGS INSTITUTION. Archived from the original (PDF) on 44974. Retrieved 44974. {{cite web}}: Check date values in: |access-date=, |date=, and |archive-date= (help); Invalid |url-status=Live (help)
  4. 4.0 4.1 https://finance.sina.com.cn/stock/s/20101014/12288779362.shtml. {{cite web}}: Missing or empty |title= (help)