CNOOC Brings Online Another South China Sea Field

Wednesday, September 4, 2024

China's state-owned oil and gas firm China National Offshore Oil Corporation (CNOOC) ha started production from its Wushi 17-2 oil field development project in Beibu Gulf in South China Sea.

The main production facilities include a new wellhead platform and an oil and gas processing terminal.

A total of 43 development wells are planned to be commissioned, including 28 production wells, 14 water-injection wells and one appraisal and water source well.

It is expected to achieve a peak production of approximately 9,900 barrels of oil equivalent per day in 2026. The oil property is light crude.

CNOOC Limited holds 80% interest in this project and is the operator.

Categories: Industry News Activity Production Asia South China Sea Oil and Gas

Related Stories

INPEX Extends Pertamina LNG Pact, Signs Upstream MoU in Southeast Asia

PV Drilling Names New ‘Super Rig’ ahead of April Operations

Big Oil to Reap Billions from Energy Price Surge

Iran War Sends LNG Prices Soaring, Curbing Asia Demand

Oil Falls on Middle East Ceasefire Hopes, Easing Supply Fears

Oil Executives Flag Long-Term Impact of Iran Conflict

Qatar LNG Exports Cut 17% After Missile Strikes, $20B Revenue Loss Expected

China’s Sinopec Plans to Skip Iranian Oil, Tap Strategic State Reserves

ADNOC Gas Adjusts LNG Output Amid Hormuz Disruptions

Valeura Lifts Output with Three Producing Wells at Thailand’s Manora Field

Current News

Oil Hikes 7% after Trump Says US-Israel will Keep Striking Iran

Iran Assures Safe Hormuz Transit for Philippine Vessels

EnQuest Enters Malaysia with Cendramas Production Sharing Deal

Bahrain Push for Hormuz Shipping Resolution Hits Hurdles at UN

Energean Warns Prolonged Conflict May Delay $1B Gas Project

Iran War Reshapes Global LNG Trade

Drone Strike on Kuwaiti Oil Tanker off Dubai Signals Further Escalation in Gulf

INPEX Extends Pertamina LNG Pact, Signs Upstream MoU in Southeast Asia

Chiyoda, NYK, KNCC Target Global CCS Value Chain Development

PV Drilling Names New ‘Super Rig’ ahead of April Operations

Subscribe for AOG Digital E‑News

AOG Digital E-News is the subsea industry's largest circulation and most authoritative ENews Service, delivered to your Email three times per week

https://accounts.newwavemedia.com