Prime, poor quality seen for prospects in Tarim basin of China

Journal Article · Mon Oct 18 00:00:00 EDT 1993 · Oil and Gas Journal; (United States)

OSTI ID:5905349

China's first Tarim basin oil and gas tender includes an unusual mix of prime and poor prospects, a U.S. geological and engineering company has found. Of five Tarim basin blocks offered by China National Petroleum Co. (CNPC) in a bidding round that began last Mar. 1, (1992) Gustavson Associates Inc., Boulder, Colo., Rates the geological characteristics of the most prospective tract as variable but generally positive. Gustavson said another block is mediocre but probably will attract bidders, while the remaining three tracts should be considered very high risk. Those findings appear in a nonexclusive study of the basin by John Weiner, Gustavson's chief geologist, based mainly on public data. The paper discusses the reliability of the data, geologic indicators, and describes geologic traps and seals.

• OSTI ID: 5905349
• Journal Information: Oil and Gas Journal; (United States), Vol. 91:42; ISSN 0030-1388
• Country of Publication: United States
• Language: English

Related Subjects

02 PETROLEUM
03 NATURAL GAS
CHINA
NATURAL GAS DEPOSITS
PETROLEUM DEPOSITS
RESOURCE POTENTIAL
GEOLOGIC AGES
GEOLOGIC STRUCTURES
GEOLOGIC TRAPS
GEOLOGY
LEASING
LITHOLOGY
SOURCE ROCKS
ASIA
GEOLOGIC DEPOSITS
MINERAL RESOURCES
PETROLOGY
RESOURCES
020200* - Petroleum- Reserves
Geology
& Exploration
030200 - Natural Gas- Reserves
Geology
& Exploration