China National Offshore Oil Company

China National Offshore Oil Company (CNOOC) has begun production from two shallow-water oil projects in the Beibu Gulf Basin of the South China Sea. The Weizhou 12-2 project includes the Weizhou 12-2 and Weizhou 12-1 West fields and the north part of the Weizhou 11-2 field. Production from three platforms and 18 wells has reached a designed peak level of 16,000 B/D. The Weizhou 11-4 North project is producing about 500 B/D from one well, but is set to achieve peak production of 8,000 B/D within a year as the remainder of its 15 producing wells, spread over two platforms, come on line. CNOOC is the operator and sole interest holder in both projects.


STAY CONNECTED

Don't miss the latest content delivered to your email box weekly. Sign up for the JPT newsletter.