Project Profile
Value: US$200 million
Location: Liaodong Bay of Bohai, China
Production (peak): 6,000 bpd (by 2016)
Water Depth: approx. 30 metres
Start-up Year: July 2015
The Luda 10-1 oilfield is located in Liaodong Bay of Bohai with an average water depth of approximately 30 metres. In addition to fully utilize the existing facilities of Luda 10-1, this adjustment project has also built one wellhead platform. There are currently 13 producing wells producing approximately 3,300 barrels of crude oil per day. The adjustment project is expected to reach its ODP designed peak production of approximately 6,000 barrels of crude oil per day in 2016. The Luda 10-1 is an independent oilfield in which CNOOC Limited holds 100% interest and acts as the operator. Luda 10-1 comprehensive adjustment project commenced production in July 2015.
Operators:
CNOOC Limited: Operator with 100% interest