CNOOC starts production from Huizhou development project

Jan. 16, 2019
CNOOC Ltd. reported the start of production from the Huizhou 32-5 oil field comprehensive adjustment/Huizhou 33-1 oil field joint development project in the south-central part of the eastern South China Sea.

CNOOC Ltd. reported the start of production from the Huizhou 32-5 oil field comprehensive adjustment/Huizhou 33-1 oil field joint development project in the south-central part of the eastern South China Sea.

CNOOC said in addition to using existing facilities of Huizhou 25-8 oil field, a drilling and production platform has been constructed. One well is currently producing. Peak production of 19,200 b/d of oil is expected in 2020.

The project lies 170 km from Hong Kong in 115 m of water. CNOOC holds 100% interest in the project and serves as operator.