USD 93.4409

-0.65

EUR 99.5797

-0.95

Brent 87.38

+0.14

Natural gas 1.76

-0

629

CNOOC Limited announces Lufeng oilfields phase II development project commences production

CNOOC Limited holds 100% interest in this project and acts as the operator.

CNOOC Limited announces Lufeng oilfields phase II development project commences production

Source: CNOOC

Moscow, January 4 - Neftegaz.RU. On January 3, 2024, CNOOC Limited announced that Lufeng Oilfields Phase II Development Project has commenced production.

The project is located in the eastern South China Sea, with an average water depth of approximately 136 meters.
It consists of Lufeng 8-1 Oilfield, Lufeng 9-2 Oilfield and Lufeng 14-8 Oilfield.
One new drilling platform is built, and 14 development wells are planned to be put into production, including 13 production wells and 1 water-injection well.
The project is expected to achieve a peak production of approximately 22,600 barrels of crude oil per day in 2025.

CNOOC Limited holds 100% interest in this project and acts as the operator.

Follow us on Google News
Advertising at neftegaz.ru

Subscribe to our newsletter

of the best materials Neftegaz.RU

* Incorrect E-Mail Address

By clicking the "Subscribe" button I accept the "Agreement on the processing of personal data"


Advertising at neftegaz.ru