CNOOC Ltd. has begun manufacturing on the Weizhou 5-3 oilfield within the South China Sea, its seventh introduced startup offshore China in 2025.
Weizhou 5-3 is predicted to succeed in a peak output of about 10,000 barrels a day subsequent 12 months, the state-backed oil and gasoline explorer and producer mentioned in a web-based assertion Monday. The sphere produces medium crude.
Weizhou 5-3 is within the South China Sea’s Beibu Gulf, or Gulf of Tonkin, in waters round 35 meters (114.83 ft) deep.
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The event features a wellhead platform, in addition to makes use of current services. CNOOC Ltd., majority-owned by China Nationwide Offshore Oil Corp., plans to fee seven manufacturing wells and two water injection wells.
CNOOC Ltd. owns 51 % of the mission. Good Oil Funding Ltd. holds 49 %.
Beforehand in 2025 CNOOC Ltd. introduced three startups within the Bohai Sea and three within the South China Sea. The Bohai Sea initiatives are the Caofeidian 6-4 oilfield adjustment, part 2 of the Luda 5-2 North discipline and the Bozhong 26-6 discipline. The South China Sea initiatives are Wenchang 19-1 oilfield part 2, the Dongfang 29-1 discipline and the Panyu 11-12/10-1/10-2 Oilfield Adjustment Joint Growth Undertaking.
The Caofeidian 6-4 adjustment mission is predicted to attain 11,000 barrels of oil equal a day (boed) in peak manufacturing 2026. The oil is gentle crude.
Luda 5-2 North part 2 might attain about 6,700 boed in peak manufacturing subsequent 12 months. Part 1 went on-line 2022 as the primary Chinese language oilfield to supply from superheavy oil reservoirs by way of thermal restoration, in response to CNOOC Ltd.
It mentioned of Luda 5-2 North part 2, “CNOOC Restricted made main technological breakthroughs on this mission and considerably enhanced the event effectivity of offshore tremendous heavy oil”.
“By optimized Jet Pump Injection-Manufacturing Expertise, the mission realized environment friendly and financial improvement of heavy crude, which might additional improve the Firm’s vitality provide capability”, CNOOC Ltd. added.
Bozhong 26-6 might attain 22,300 boed in peak manufacturing 2025. It’s the globe’s largest buried metamorphic hill oilfield in response to the corporate. Bozhong 26-6, which has a median water depth of about 20 meters, holds over 200 million cubic meters (7.06 billion cubic ft) of confirmed oil and gasoline in place in response to the corporate.
Within the South China Sea, Wenchang 19-1 is predicted to succeed in 12,000 boed in peak manufacturing 2027. The mission produces medium crude.
Dongfang 29-1 might attain 38 million cubic ft a day in peak pure gasoline manufacturing 2025.
Panyu 11-12/10-1/10-2 might additionally attain its peak fee of 13,600 boed this 12 months. The Panyu discipline has produced over 380 million barrels of petroleum since coming on-line 2003 in response to the corporate.
To contact the writer, electronic mail jov.onsat@rigzone.com
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