The Jinzhou 23-2 Oilfield Improvement Mission within the Bohai Sea is now onstream as “the primary multi-layer heavy oil thermal restoration venture offshore China”, CNOOC Ltd. introduced Tuesday.
The state-backed oil and gasoline exploration and manufacturing firm expects the venture to achieve about 17,000 barrels of oil equal a day (boed) in peak manufacturing in 2027. The oil portion is heavy crude, based on a press release on CNOOC Ltd.’s web site.
“The venture adopts the tactic of ‘steam stimulation+chemical auxiliary steam flooding’ to cut back the viscosity of crude oil, thus successfully enhance [sic] the utilization of reserves in offshore heavy oil area”, the corporate acknowledged.
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“It would strengthen the power provide to the Beijing-Tianjin-Hebei area”.
The manufacturing amenities embrace two new central processing platforms. CNOOC Ltd., majority-owned by China Nationwide Offshore Oil Corp. (CNOOC), eyes 67 improvement wells within the venture, 65 of which might be for manufacturing. The remaining two can be water supply wells.
Jinzhou 23-2, absolutely owned by CNOOC Ltd., sits on the northern a part of the Bohai Sea at water depths of round 13 meters (42.65 ft) on common, based on the corporate. The Bohai Sea is the northwestern a part of the Yellow Sea, which is sandwiched between the Chinese language mainland and the Korean Peninsula.
CNOOC Ltd. has now introduced 4 start-ups in Bohai waters this yr. The sooner ones are the Bozhong 19-2 Oilfield Improvement Mission, the Bozhong 19-6 Fuel Area 13-2 Block 5 Nicely Website Improvement Mission and the Suizhong 36-1/Luda 5-2 Oilfield Secondary Adjustment and Improvement Mission.
On Monday the corporate introduced manufacturing had began on the Huizhou 26-6 Oilfield Improvement Mission within the Pearl River Mouth Basin, its sixth startup within the South China Sea in 2024.
Huizhou 26-6, CNOOC Ltd.’s “first deep buried hill reservoir improvement venture within the South China Sea”, is anticipated to achieve about 20,600 boed in peak manufacturing in 2027, it stated in a press launch. The venture, which has a median water depth of round 110 meters (360.89 ft), primarily produces gentle crude and pure gasoline.
The only real proprietor plans to fee 19 wells consisting of 17 for gasoline manufacturing and two for petroleum manufacturing. “The primary manufacturing amenities embrace a brand new clever drilling manufacturing platform, in addition to the adaptively-modified ‘NAN HAI FEN JIN’ FPSO [floating production, storage and offloading unit]”, CNOOC Ltd. stated.
“The Firm has been actively adopting the state-of-art applied sciences”, it added. “The primary clever offshore drilling manufacturing platform in China was constructed for this venture to understand environment friendly improvement of the offshore oil and gasoline sources”.
“The brand new venture will contribute to the financial and social improvement of the Guangdong–Hong Kong–Macao Better Bay Space”, it stated.
Within the South China Sea, earlier than Huizhou 26-6, CNOOC Ltd. put on-line the Liuhua 11-1/4-1 Oilfield Secondary Improvement Mission, the Shenhai-1 Part II Pure Fuel Improvement Mission, the Wushi 17-2 Oilfields Improvement Mission, the Wushi 23-5 Oilfields Improvement Mission and the Xijiang 30-2 Oilfield Xijiang 30-1 Block Improvement Mission.
Within the first 9 months of 2024 CNOOC Ltd.’s home output rose 6.6 % year-on-year to 369.2 million boe (MMboe), based on the corporate’s quarterly report printed October 28.
CNOOC Ltd. additionally unlocked new manufacturing in Brazil and Canada in 2024.
On November 6 CNOOC Ltd. introduced manufacturing had begun on the Lengthy Lake Northwest Mission within the Canadian province of Alberta. It expects the venture to realize a peak manufacturing of 8,200 bpd subsequent yr.
“It will likely be developed with steam-assisted gravity drainage operation and eight nicely pairs are deliberate to be commissioned”, CNOOC Ltd. stated.
CNOOC Petroleum North America ULC, an entirely owned subsidiary of CNOOC Ltd., operates the venture with a one hundred pc stake.
On October 31 CNOOC Ltd. and its companions introduced start-up within the third section of the Mero oilfield within the Santos Basin offshore Brazil. Mero3 has a manufacturing capability of 180,000 bpd, which can elevate the sphere’s put in capability to 590,000 bpd.
CNOOC Ltd., via CNOOC Petroleum Brasil Ltda., holds a 9.65 % stake. Operator Petróleo Brasileiro SA has 38.6 %, TotalEnergies SE 19.3 %, Shell PLC 19.3 %, China Nationwide Petroleum Corp. 9.65 % and Pré-Sal Petróleo SA 3.5 %.
CNOOC Ltd.’s abroad manufacturing within the first three quarters grew 12.2 % year-over-year to 172.9 MMboe, pushed by the Payara oilfield in Guyana’s Stabroek block, based on its quarterly report.
Whole manufacturing within the first 9 months elevated 8.5 % to 542.1 MMboe, an organization report for the January–September interval.
To contact the writer, e mail jov.onsat@rigzone.com
