News listings

energy-pedia development and production

China flagChina

Central & SE Asia / Australasia >>> China

China: CNOOC Ltd announces Penglai 19-3/19-9 oilfields in Bohai Bay commence production

22 May 2020

Photo - see caption

CNOOC Limited has announced that Penglai 19-3 oilfield area 4 adjustment/Penglai 19-9 oilfield phase II project has commenced production.

The Penglai 19-3/19-9 oilfields are located in Bohai with an average water depth of approx. 28 meters. A new wellhead platform has been built, with 47 wells planned in total, including 30 production wells, 16 water injection wells and 1 development and appraisal well. This new wellhead platform will fully utilize the existing processing facilities of Penglai 19-3 oilfield. The project is expected to reach its peak production of approx. 15,681 barrels of crude oil per day in 2022.

CNOOC Limited holds 51% working interest in Penglai 19-3 oilfield area 4 adjustment/Penglai 19-9 oilfield phase II project and acts as the operator. ConocoPhillips China, CNOOC Limited’s partner, holds the remaining 49% working interest.

Original article link

Source: CNOOC Ltd

Bookmark and Share

A global information service for upstream oil and gas opportunities - divestitures, farmins and farmouts and licensing rounds.

Subscriber Only Deals

Current deals: 1674
Completed deals: 5401

Company Profiles

Current Company Profiles: 2696

Corporate Activity

Current Corporate Activity articles: 3447

Companies Looking

Current number of articles: 434

Company Sales

Current Company Sales articles:1402


Current Geostudies articles: 705

How to subscribe

energy-pedia Jobs

RSS Feed Widget
See all jobs...

energy-pedia Databank

The energy-pedia databank contains links to information on the world financial and energy markets, including share prices, oil and gas prices and the global stock exchanges. Read more...

energy-pedia Glossary

A list of commonly used terms in the oil and gas industry. Read more...


Subscribe to the FREE
energy-pedia Daily Newsletter

Rose & Assocs 149
SLR Consulting logo
KL Publishing
Union Jack Oil 149
Government of South Australia
About energy-pedia

energy-pedia news is a FREE news service written and edited by E and P professionals for E and P professionals.

We don't just report the news, we give you the technical background as well, with additional information derived from our unique energy-pedia opportunities service.
Contact us

energy365 Ltd

238 High Street
London Colney
St Albans

Tel: +44(0)1727 822675