Project Profile
Value: Undisclosed
Location: Beibu Gulf Basin, South China Sea
Reserves: unknown
Area: unknown
Depth: approximately 40 metres
Production: approximately 500 barrels of crude oil per day
Start-up Year: February 2016
The Weizhou 11-4 North project is located in Beibu Gulf Basin of the South China Sea with an average water depth of approximately 40 metres. The project shares the existing adjacent facilities for the development and built two wellhead platforms and 15 producing wells. There is currently one well on production, producing a total of approximately 500 barrels of crude oil per day. The project is expected to reach its ODP designed peak production of approximately 8,000 barrels per day within the year. The Weizhou 11-4 North is an independent oilfield in which CNOOC holds 100% interest and acts as the operator. CNOOC Limited commenced production from the Weizhou 11-4 North oilfield Phase II project (Weizhou 11-4 North) in February 2016.
Operators:
CNOOC Limited: Operator with 100% interest