CNOOC begins production at Wenchang oilfield development project

CNOOC Ltd. has started oil production from the Wenchang 16-2 oilfield development project.

The development lies in the western Pearl River Mouth basin in an average water depth of about 150 m.

The project mainly leverages adjacent existing infrastructure of Wenchang oilfields, with the addition of a new jacket platform.

CNOOC plans a total of 15 development wells to be commissioned with the project expected to achieve a plateau production of about 11,200 boe/d in 2027. The oil property is light crude.

CNOOC is operator of the project with 100% interest.