News Releases

On September 4, CNOOC Limited announced that Wushi 17-2 Oilfields Development Project has commenced production. 

The project is located in Beibu Gulf, with an average water depth of approximately 28 meters. The main production facilities include a new wellhead platform and an oil and gas processing terminal. A total of 43 development wells are planned to be commissioned, including 28 production wells, 14 water-injection wells and one appraisal and water source well. It is expected to achieve a peak production of approximately 9,900 barrels of oil equivalent per day in 2026. The oil property is light crude. 

CNOOC Limited holds 80% interest in this project and is the operator.