CNOOC Ltd. started production from the Weizhou 12-8E oilfield development project.
The development lies in Beibu Gulf in the South China Sea, with average water depth of about 30 m.
A total of 7 development wells are planned, including 6 oil production wells and 1 production water reinjection well. Average production of about 4,700 b/d of crude oil is expected this year, with peak production of about 10,000 b/d expected.
The development will utilize existing processing infrastructure of Weixinan oilfields.
CNOOC holds 51% interest in the project. Partners are Roc Oil (China) Co., Horizon Oil (Beibu) Ltd., and Oil Australia Pty Ltd.
