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

ADNOC Signs 15-Year LNG Supply Deal with Indian Oil

ADNOC Signs LNG Supply Agreement with Osaka Gas for Ruwais LNG Project

China’s CNOOC Hits ‘High Yield’ Well in in Beibu Gulf

ExxonMobil to Transfer Operations of Two Malaysian PSC Assets to Petronas

Woodside and Taiwan’s CPC Ink Long-Term LNG Supply Deal

Petronas Hires ABL for Rig Inspection Services in Indonesia

Blackford Dolphin Sets Sail for Drilling Ops with Oil India

L&T Nets Pipeline Order from ONGC Worth Up to $300M

TotalEnergies Sells Brunei Subsidiary Along Block B Field Operatorship Interest

Temasek to Finalize Deal with Shell for Pavilion Energy LNG Asset Sale

Current News

Shelf Drilling to Consolidate Jack-Up Fleet and Resolve Funding Gaps via Triangular Merger

Saipem Nets $4B for Work at Qatar’s Giant Gas Field

Korea's Hanhwa Sets Out Plan for Full Takeover of Singapore's Dyna-Mac

ADNOC Signs 15-Year LNG Supply Deal with Indian Oil

Allseas Hooks $180M Pipeline Installation Job Offshore Philippines

CNOOC Ticks Another Milestone in Ultra-Deepwater Gas Exploration

ADES Buys Two Jack-Ups from Vantage Drilling in $190M Deal

Oil Loadings at Russia's Western Ports on the Rise

OPEC+ Has Oil Price and Demand Problems. It Should Solve Demand

Santos Pens Mid-Term LNG Supply Deal

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