China updates data on four key basins in 2010 national resource assessment

06/04/2012
Chenglin Liu Chinese Academy of Geological Science Beijing Changbo Che Jie Zhu Fulin Yang Ministry of Land and Resources Beijing Among the greatest uncertainties in future energy supply and a subject of considerable environmental concern is the amount of oil and natural gas yet to be found in China. By using the same assessment software system, China's National Petroleum Assessment 2007 has assessed 115 basins, and China's National Petroleum Assessment 2010 has again evaluated six basins among these basins. The assessment results show that China's undiscovered oil and gas recoverable resources are respectively 108.7 billion bbl of oil and 990.7 trillion cu ft of gas. Oil resources a...
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