Xinjiang Petroleum Geology ›› 2003, Vol. 24 ›› Issue (6): 574-575.

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Play Assessment of Threshold Economic Oilfield Scale in Jiuquan Basin

TIAN Bao-zhong, YUE Zhi-zhong   

  1. Research Institute of Exploration and Development, Yumen Oilfield Company, PetroChina, Yumen, Gansu 735200, China
  • Received:2003-03-12 Online:2003-12-01 Published:2020-08-24

Abstract: According to “Some Requirements for Economic Evaluations of Engineering/Construction Project in PetroChina” and provision of “Techniques and Parameters for Economic Evaluations of Engineeringz/Construction Project in CNPC”, this paper developed several models for each play economic evaluation of Jiuquan basin through reasonable selection of required parameters integrated with its exploratory practices, and presented threshold economic oilfield scale computed by cash flow method. These can provide bases for determination of amount of economic resources in each play and composite decision-making analyses in this area.

Key words: Jiuquan basin, economic evaluation, exploration, development, investment, prediction

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