China pushing bigger foreign role in onshore exploration

Journal Article · Mon Oct 11 00:00:00 EDT 1993 · Oil and Gas Journal; (United States)

OSTI ID:6107324

China is stepping up its campaign to attract more foreign investment to boost onshore exploration. After years of moribund drilling activity and lagging production growth, China in the past year has done an about-face on foreign exploration and development investment. Beijing has opened onshore exploration acreage in 10 mostly northern and western provinces, including the prized Tarim basin, with prospects featuring a postulated combined potential resource of 40--60 billion bbl of oil and 87.5 tcf of natural gas. And joint venture opportunities in currently producing fields soon will be available. The paper discusses the new approaches, the Tarim bidding, Tarim contract, a second Tarim round needed, Tarim geology, Tarim drilling and production, Tarim infrastructure plans, other onshore bidding, existing contracts, and 1993 production sharing contracts.

• OSTI ID: 6107324
• Journal Information: Oil and Gas Journal; (United States), Vol. 91:41; ISSN 0030-1388
• Country of Publication: United States
• Language: English

Related Subjects

02 PETROLEUM
03 NATURAL GAS
CHINA
NATURAL GAS DEPOSITS
PETROLEUM DEPOSITS
EXPLORATION
CONTRACTS
ENERGY POLICY
GEOLOGY
JOINT VENTURES
NATURAL GAS
OFFSHORE SITES
ONSHORE SITES
PETROLEUM
PRODUCTION
RESERVES
RESOURCE POTENTIAL
WELL DRILLING
ASIA
COOPERATION
DRILLING
ENERGY SOURCES
FLUIDS
FOSSIL FUELS
FUEL GAS
FUELS
GAS FUELS
GASES
GEOLOGIC DEPOSITS
GOVERNMENT POLICIES
MINERAL RESOURCES
RESOURCES
020200* - Petroleum- Reserves
Geology
& Exploration
030200 - Natural Gas- Reserves
Geology
& Exploration