By OGJ editors
HOUSTON, Mar. 7 -- China National Offshore Oil Corp. (CNOOC) has approved Kerr-McGee China Petroleum Ltd.'s development of the CFD 11-3 and CFD 11-5 discoveries on Block 04/36 in Bohai Bay, China. The approval clears the path for final government approval.
The fields, which cover three Guantao reservoir zones, will be developed with four horizontal wells and a single unmanned wellhead platform, tied back 3 miles to the CFD 11-1 gathering platform.
Fluids from CFD 11-3 and CFD 11-5 will be processed on the Hai Yang Shi You 112—Kerr-McGee's Global Producer VIII floating production, storage, and offloading vessel (FPSO) Production is expected in the second half of the year.
Kerr-McGee operates CFD 11-3 and CFD 11-5 with a 40.09% working interest. Ultra Petroleum has 8.91% and CNOOC 51%.
Wells CFD 11-1 and CFD 11-2 currently produce 40,000-45,000 bo/d, with 33 wells on line. CFD 11-6 on Block 04/36 and CFD 12-1 and CFD 12-1S on Block 05/36 are expected to be developed and tied back to the FPSO.
Kerr-McGee operates these fields with a predevelopment foreign contractor's interest of 82% for CFD 11-6 and of 50% each for CFD 12-1 and CFD 12-1S. It expects approval this year to develop these fields.
Kerr-McGee is continuing appraisal work at its CFD 14-5 discovery on Block 09/18 and is operating CFD 14-5 with a 100% predevelopment foreign contractor's interest.
