CNOOC starts production at Penglai 19-3
CNOOC Ltd. started production at the Penglai 19-3 oilfield area 5/10 development project in south-central Bohai Sea.
The main production infrastructure lies in about 30 m of water and includes two wellhead platforms. A total of 130 development wells are planned, including 87 production wells and 43 water-injection wells. The area is expected to achieve a peak production of about 29,800 b/d in 2027.
CNOOC is operator at Penglai 19-3 (51%) with partner ConocoPhillips China (49%).
Alex Procyk | Upstream Editor
Alex Procyk is Upstream Editor at Oil & Gas Journal. He has also served as a principal technical professional at Halliburton and as a completion engineer at ConocoPhillips. He holds a BS in chemistry (1987) from Kent State University and a PhD in chemistry (1992) from Carnegie Mellon University. He is a member of the Society of Petroleum Engineers (SPE).
