Project Profile
Value: Undisclosed
Location: Ordos Basin, China
Area: 2,616km2
Reserves: 1.7Tcf (Mid Case, 100%)
Start-up year: -
The 2012 work program for Linxing East is comprised of a total of eight new wells, with an additional deep exploration well expected to be drilled following the analysis of seismic results. Each well is anticipated to take approximately 45 days to complete an extensive drilling and coring program. After dewatering, each well will be flow tested for approximately 12 weeks. SGE is the foreign operator of two PSCs: Linxing and Sanjiaobei. The Linxing segment – which contains the Linxing East and Linxing West blocks – covers an area of 724 square miles (1,874 square kilometers) and is owned by SGE (64.75%), China United Coal Bed Methane (30%) and CBM Energy (5.25%).
Operators:
Sino Gas: Operator with 64.75% interest
China United Coal Bed Methane: 30% interest
CBM Energy: 5.25% interest