Project Profile
Value: Undisclosed
Location: Beibu Gulf Basin, South China Sea
Reserves: unknown
Area: unknown
Depth: approximately 36 metres
Production: 16,000 barrels of crude oil per day
Start-up Year: February 2016
The Weizhou 12-2 project is located in Beibu Gulf Basin of the South China Sea with an average water depth of approximately 36 metres. This project has three oilfields in total including the Weizhou 12-2 oilfield, the Weizhou 12-1 West oilfield and the north part of Weizhou 11-2 oilfield. The main production facilities include three wellhead platforms and 18 producing wells which have all commenced production, producing a total of approximately 16,000 barrels of crude oil per day and reaching its ODP designed peak production. The Weizhou 12-2 is an independent oilfield in which the CNOOC holds 100% interest and acts as the operator. CNOOC Limited commenced production from the Weizhou 12-2 oilfield joint development project (Weizhou 12-2) in February 2016.
Operators:
CNOOC Limited: Operator with 100% interest