China National Offshore Oil Corporation (CNOOC)

China National Offshore Oil Corporation (CNOOC) confirmed that the Weizhou 12-2 oil field phase II project in the Beibu Gulf of the South China Sea has begun production. The project is expected to reach its designed peak output of approximately 11,800 B/D of crude in 2018. Currently, seven wells are producing approximately 6,400 B/D. The phase II project fully used the existing facilities of the Weizhou 12-2 oil field, in addition to building an extra wellhead platform.


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