China National Offshore Oil Corporation (CNOOC) has begun accumulation astatine the Weizhou 11-4 oilfield accommodation and outer fields task successful the Beibu Gulf Basin, South China Sea.
Located successful an mean h2o extent of astir 43m, the Weizhou 11-4 task leverages adjacent existing facilities.
It besides features a recently built unmanned wellhead level and a cardinal processing platform, connected to an existing level by a trestle bridge.
CNOOC plans to committee 35 improvement wells, comprising 28 accumulation wells and 7 h2o injection wells, astatine the project.
The institution expects the task to scope plateau accumulation of astir 16,900 barrels of lipid equivalent per time (boepd) by 2026, producing airy crude oil.
CNOOC said it has adopted a coordinated improvement program for the project, comprising 3 offshore processing centres and 1 onshore terminal to service arsenic a gathering and proscription hub.
This attack helps to merchandise assets capableness and enactment a unchangeable vigor proviso successful the region, added the company.
CNOOC holds a 100% involvement successful the Weizhou 11-4 oilfield accommodation and outer fields improvement task and is the operator.
In August this year, CNOOC, done its wholly owned subsidiaries, signed 2 accumulation sharing contracts with SKK Migas for exploration blocks successful Indonesia.
The agreements volition springiness CNOOC entree to the Gaea and Gaea II blocks successful the confederate Papua Barat Province, adjacent the Tangguh LNG project.
In September, CNOOC started accumulation astatine the Wenchang 16-2 oilfield improvement task successful the occidental Pearl River Mouth Basin of the South China Sea.
Located astatine a h2o extent of 150m, the Wenchang 16-2 task is acceptable to execute highest accumulation of astir 11,200boepd by 2027.
"CNOOC starts accumulation astatine Weizhou 11-4 task successful South China Sea " was primitively created and published by Offshore Technology, a GlobalData owned brand.
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