CNOOC Flows First Oil from 2 Beibu Gulf Basin Projects in South China Sea
China's CNOOC Limited commenced production from the Weizhou 12-2 oilfield joint development project and the Weizhou 11-4 North oilfield Phase II project, both located in the Beibu Gulf Basin of the South China Sea.
The Weizhou 12-2 project, which lies in an average water depth of approximately 118 feet (36 meters), has three oilfields, comprising the Weizhou 12-2 oilfield, the Weizhou 12-1 West oilfield and the north part of Weizhou 11-2 oilfield. CNOOC indicated that the main production facilities include three wellhead platforms and 18 production wells, currently producing a total of 16,000 barrels of crude oil per day and reaching its designed peak production.
Meanwhile, the Weizhou 11-4 North project -- situated in average water depths of around 131 feet (40 meters) -- shares the existing adjacent facilities for the development. Facilities for the project consisted of two wellhead platforms and 15 producing wells. The Chinese state-owned firm revealed that only one well is currently in operations, producing around 500 barrels of crude oil per day and peak production of approximately 8,000 barrels per day is expected from the project within the year.
CNOOC is the operator of the Weizhou 12-2 and Weizhou 11-4 North projects, with 100 percent interest.
Last month, the company announced the commencement of first oil from the Kenli 10-4 field in the South of Bohai.
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