Generation
Posted By OrePulse
Published: 22 Oct, 2024 12:03
CNOOC Begins Production at Xijiang Oilfield Blocks Ahead of Schedule
CNOOC has commenced production at its Xijiang 30-2 Oilfield Xijiang 30-1 Block Development Project located in eastern South China Sea, ahead of schedule.
The project, with an average water depth of about 98 meters, is expected to reach a peak production of approximately 26,000 barrels of oil equivalent per day (boe/d) in 2027. The oil property is medium crude.
CNOOC plans to commission 23 development wells from a new drilling production platform included within its production facilities.
This is the fifth oil and gas project the state-backed company has put onstream in the South China Sea this year and the eighth across its portfolio in 2024. The other three are in the Bohai area of the Yellow Sea.
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