Project Profile
Value: US$6.4 billion
Location: Southwestern Sichuan province
Area: 1,970 sq km
Proven gas reserves: 176 billion cubic metres
Chevron operates the 487,000 acre (1,969 sq km) Chuandongbei natural gas area in the onshore Sichuan Basin. Chevron has a 49% interest in the project. At an estimated cost of US$6.4 billion, Chuandongbei is one of the larger capital projects Chevron is developing in 2013. Plans call for two sour-gas processing plants with a combined capacity of 740 million cubic feet per day connected to five natural gas fields. Sour gas is natural gas containing hydrogen sulfide. It typically is processed into gas that meets customer specifications, natural gas liquids and elemental sulfur. Elemental sulfur can be used in fertiliser and other products. The first natural gas processing plant designed for a maximum total production of 258 million cubic feet per day is expected to be mechanically complete at the end of 2013. In 2012, site preparation began on the second plant, which is designed for a maximum total daily natural gas production of 558 million cubic feet.
Chevron are starting an exploration well at Chuandongbei in the third quarter of 2013.
Operators:
Chevron China: Operator with 49% interest
CNPC: 51% interest