CNOOC Limited has announced that Weizhou 11-4 Oilfield Adjustment and Satellite Fields Development Project has commenced production.
Weizhou 11-4 Oilfield Adjustment and Satellite Fields Development Project
The project is located in the Beibu Gulf Basin of the South China Sea, with an average water depth of approximately 43 meters. The project leverages the adjacent existing facilities for development. The main production facilities include a newly-built unmanned wellhead platform and a central processing platform, which are connected to an existing platform through a trestle bridge. 35 development wells are planned to be commissioned, including 28 production wells and 7 water injection wells. The project is expected to achieve a plateau production of approximately 16,900 barrels of oil equivalent per day in 2026. The oil property is light crude.
The project has adopted a coordinated development plan of 'three offshore processing centers + one onshore terminal', serving as a gathering and transportation hub to release the resource capacity and ensure stable energy supply in the region.
CNOOC Limited holds 100% interest in this project and is the operator.
Source: CNOOC Limited
