Project Profile
Location: Caofeidian, China
Exploration start-up: 2012
Startup Year: 2017
Caofeidian in China is currently being considered as a location for an oil reserves base, as part of China\'s third phase of the strategic oil reserve project. The depth is about 3,100 metres. CNOOC Limited is the operator of the project with 100% interest. One of the 2015 prospects is the Caofeidian 6-4 structure located in the western part of Shijutuo Uplift in the west of Bohai with an average water depth of about 20 metres. The discovery well Caofeidian 6-4-1 was drilled and completed at a depth of about 3,100 metres and encountered oil pay zones with a total thickness of about 180 metres. The well produces light crude oil and production was tested around 5,750 barrels per day.
Operator:
CNOOC Limited: Operator with 100% interest