Qinhuangdao field brought on stream in China's Bohai Bay

Oct. 22, 2001
Qinhuangdao field, developed by China National Offshore Oil Corp. Ltd., BP PLC, and ChevronTexaco Corp., came on stream in Bohai Bay.

By the OGJ Online Staff

LONDON, Oct. 22 -- China National Offshore Oil Corp. Ltd. brought Qinhuangdao field on stream in Bohai Bay.

Qinhuangdao 32-6 field is scheduled to be in full production at a rate of 65,000 b/d by the middle of next year. Current output is near 20,000 b/d.

The field is in north central Bohai Bay, 130 km from the city of Tianjin. Reserves are 103 million bbl.

Development includes six wellhead platforms with the stage now in production consisting of platforms A and B, a single point mooring buoy, and an floating production, storage, and offloading vessel (FPSO).

CNOOC Ltd. as operator has 51% of the field. BP PLC has 24.5% and ChevronTexaco Corp., 24.5%.

Zhou Shouwei, executive vice president of CNOOC, said that firm has brought into production all development projects due for completion this year, ensuring it would meet this year's production target.