CNOOC鈥檚 Penglai 19-3 Oilfield Area Project Starts Production

CNOOC鈥檚 Bohai Sea project is expected to reach output of nearly 30,000 bbl/d by 2027.

Hart Energy Staff

CNOOC Ltd.鈥檚 Penglai 19-3 oilfield area 5/10 project has begun producing, the operator announced on Oct. 27.

Penglai 19-3 is located in the south-central Bohai Sea and has an average water depth of 30 m. A pair of wellhead platforms handle the production. In total, CNOOC plans to drill 130 development wells, consisting of 87 production wells and 43 water injection wells. The project is expected to reach peak production of 29,800 bbl/d in 2027.

CNOOC operates the field with 51% interest on behalf of partner ConocoPhillips China, which holds 49% interest.

On Oct. 26, CNOOC announced bringing its Enping 18-6 oil field in the South China Sea online. CNOOC expects that field to reach peak production of 9,300 bbl/d in 2024.

原文链接/hartenergy

CNOOC’s Penglai 19-3 Oilfield Area Project Starts Production

CNOOC’s Bohai Sea project is expected to reach output of nearly 30,000 bbl/d by 2027.

Hart Energy Staff

CNOOC Ltd.’s Penglai 19-3 oilfield area 5/10 project has begun producing, the operator announced on Oct. 27.

Penglai 19-3 is located in the south-central Bohai Sea and has an average water depth of 30 m. A pair of wellhead platforms handle the production. In total, CNOOC plans to drill 130 development wells, consisting of 87 production wells and 43 water injection wells. The project is expected to reach peak production of 29,800 bbl/d in 2027.

CNOOC operates the field with 51% interest on behalf of partner ConocoPhillips China, which holds 49% interest.

On Oct. 26, CNOOC announced bringing its Enping 18-6 oil field in the South China Sea online. CNOOC expects that field to reach peak production of 9,300 bbl/d in 2024.