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

IEA Unleashes Record 400M Barrel Oil Stockpile Release Amid Iran War Disruptions

Sunda Energy Secures Environmental License for Drilling Ops off Timor-Leste

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

Asia’s Oil Reliance on Middle East Explained

Petronas Picks OceanSTAR Elite FPSO for Asian Oil and Gas Project

Inpex Eyes Mid-Year Bids for $21B Indonesia LNG Project

MISC Secures Long-Term Charter for Papua New Guinea's First FSO

Dolphin Drilling, Vantris Ink Marketing Deal for Blackford Dolphin Semi-Sub

Petronas Takes Operatorship of Oman’s Offshore Block 18

CNOOC Launches New Offshore Oil Development in Southern China

Current News

Offshore Vietnam: Energy Imports Rise as Domestic Production Falls

Eni Advances Major Deep Water Gas Hubs with Dual FIDs

Eni Advances Angola Gas Project, Secures $9B Credit Facility

TVO Customizes Tethered BOP Technology

Eni: New Gas Discoveries in Libya

Petronas Makes New Hydrocarbon Discovery in Southeast Asia

PTTEP Picks Everllence Compressors for Thailand’s Offshore CCS Project

IEA Unleashes Record 400M Barrel Oil Stockpile Release Amid Iran War Disruptions

OneSubsea Bags Third PTTEP Subsea Systems Contract in One Year

Iran War Exposes Risks of Fossil Fuel Dependence

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