CNOOC begins Luda 21-2/16-3 regional development

CNOOC Ltd. started production at the Luda 21-2/16-3 regional development project. The project is in Liaodong Bay of Bohai Sea, about 39 km north of Luda 10-1 oilfield and 90 km northwest of Suizhong 36-1 onshore terminal, in about 25 m of water.

The project has built one central platform, three wellhead platforms, and one adjacent production platform. A total of 69 development wells are planned. Peak production of 25,600 bo/d is expected in 2022.

CNOOC holds 100% interest in the project.