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CNOOC Limited Announces Weizhou 12-2 Oilfield Phase II Project Commences Production



Time:2017-11-28 Size:[ Large Medium Small ]
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On November 28, 2017, CNOOC Limited announced that the Weizhou 12-2 oilfield phase II project has already commenced production.

The Weizhou 12-2 oilfield phase II project is located in Beibu Gulf in the South China Sea with an average water depth of approximately 35.7 meters. In addition to fully utilizing the existing facilities of Weizhou 12-2 oilfield, the project has also built one wellhead platform. There are seven wells currently producing approximately 6,400 barrels of crude oil per day. The project is expected to reach its ODP designed peak production of approximately 11,800 barrels of crude oil per day in 2018.

The Weizhou 12-2 oilfield phase II project is an independent oilfield in which the company holds 100% interest and acts as the operator.



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