China’s CNOOC has begun started production at two new offshore projects in the South China Sea.
The Weizhou 12-2 project is located in Beibu Gulf Basin. The project has three oilfields in total including the Weizhou 12-2 oilfield, the Weizhou 12-1 West oilfield and the north part of Weizhou 11-2 oilfield.
The main production facilities include three wellhead platforms and 18 producing wells which have all commenced production, producing a total of approximately 16,000 barrels of crude oil per day and reaching its ODP designed peak production.
The neighbouring Weizhou 11-4 North project shares the existing adjacent facilities for the development and built two wellhead platforms and 15 producing wells.
There is currently one well on production, producing a total of approximately 500 barrels of crude oil per day.
The project is expected to reach its ODP designed peak production of approximately 8,000 barrels per day within the year.
The Weizhou 12-2 and Weizhou 11-4 North are both independent oilfields in which the Company holds 100% interest and acts as the operator.
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