CNOOC Ltd mentioned Monday manufacturing had begun on the Xijiang Oilfields 24 Block Improvement Mission, the state-backed firm’s ninth South China Sea startup announcement this 12 months.
Positioned within the shallow waters of the Pearl River Mouth Basin, the venture is anticipated to succeed in its capability of about 18,000 barrels of oil equal a day (boed) subsequent 12 months, CNOOC Ltd, a publicly listed arm of China Nationwide Offshore Oil Corp, mentioned in a press launch. The oil is mild crude, the corporate mentioned.
“The event of the venture primarily leverages the adjoining present services of the Huixi Oilfields, with addition of a brand new unmanned wellhead platform”, it mentioned.
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“The brand new Xijiang 24-7 platform is China’s first unmanned offshore platform for high-temperature fluid cooling and export”, it famous. “The temperature management system reduces the influence of excessive temperatures on subsea pipelines, thereby making certain secure and steady manufacturing”.
CNOOC Ltd, the only proprietor, plans to develop 10 wells for the venture.
Simply days in the past it introduced the beginning of manufacturing on the Weizhou 11-4 Oilfield Adjustment and Satellite tv for pc Fields Improvement Mission within the South China Sea’s Beibu Gulf Basin. It expects the venture to succeed in a peak manufacturing of round 16,900 boed in 2026. The oil is mild crude, in keeping with the corporate.
Seven different CNOOC Ltd tasks within the South China Sea started flows in 2025: the Dongfang 1-1 Fuel Subject 13-3 Block Improvement Mission, the Dongfang 29-1 discipline, the Panyu 11-12/10-1/10-2 Oilfield Adjustment Joint Improvement Mission, the Weizhou 5-3 discipline, the Wenchang 9-7 discipline, the Wenchang 16-2 discipline and part II of the Wenchang 19-1 discipline.
The South China Sea accounted for almost 600,000 boed of CNNOC Ltd’s web output of 1.93 million boed final 12 months, in keeping with its annual report.
Within the Bohai Sea, CNOOC Ltd introduced 4 startups in 2025: part I of the Bozhong 26-6 discipline, the Caofeidian 6-4 discipline adjustment, part I of the Kenli 10-2 Oilfields Improvement Mission and part II of the Luda 5-2 North discipline.
Abroad in 2025, CNOOC Ltd and its companions introduced onstream the Yellowtail venture in Guyana’s Stabroek block, the place it owns a 25 % stake. Offshore Brazil, CNOOC Ltd and its companions fired up Buzios7 within the Buzios discipline and Mero4 within the Mero discipline, the place it owns 7.34 % and 9.65 % respectively.
Within the first 9 months of 2025 CNOOC Ltd produced 578.3 million boe web, up 6.7 % from the identical interval in 2025 with pure fuel manufacturing rising by 11.6 %, in keeping with its third quarter report. Its Chinese language and abroad web manufacturing elevated 8.6 % and a pair of.6 % year-on-year respectively.
To contact the writer, electronic mail jov.onsat@rigzone.com
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