18 May 2024
Green Dragon Gas boosts Chinese reserve outlook
Publication date: 28 February 2017
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China-based coal bed methane (CBM) producer Green Dragon Gas has announced an increase in its estimated reserves, strengthening the country's domestic gas production outlook.
Green Dragon – one of the early entrants to China’s CBM market – said it was the 11th consecutive increase in both 1P (proven reserves) and 2P (proven plus probable reserves) volumes since coming to market in 2006.