Chevron Corporation (CVX) announced that its fully-owned subsidiary Unocal East China Sea, Ltd. has commenced natural gas production from the third train at the Chuandongbei Project in southwest China.
The Chuandongbei Project is one of the largest onshore gas projects developed by an international oil company and a national oil company in China.
The first train achieved its first gas earlier this year on January 25 and the second train achieved first gas on April 7. Production of first gas from the third train marks the successful start-up of first stage development of the project. Production is planned to ramp up over coming months. The three trains have a combined design outlet capacity of 258 million cubic feet of natural gas per day. The Chuandongbei Project is estimated to contain potentially recoverable natural gas resources of 3 trillion cubic feet.
“Bringing train three online at the Chuandongbei Project is an important milestone,” said Brad Middleton, managing director, Asia South Business Unit. “It also demonstrates strong cooperation between Chevron, China National Petroleum Corporation and the Chinese government at all levels. The project is now supplying clean and affordable energy to the rapidly growing economy in southwest China and will be an important supplier for the future to local communities.
The Chuandongbei Project covers over 800 square kilometers in Sichuan Province and the Chongqing Municipality. Unocal East China Sea, Ltd. holds a 49 percent participating interest as the operator and China National Petroleum Corporation holds a 51 participating percent interest.
