China National Offshore Oil Corporation (CNOOC) has announced the beginning of production from the Suizhong 36-1/Luda 5-2 oilfield secondary adjustment and development project. The field, operated and solely owned by CNOOC, is the largest secondary development and adjustment project in China.
Located in the Bohai Sea, in Liadong Bay, the field has an average water depth of approximately 30 metres. The main production facilities include two new central processing platforms and two new wellhead platforms
The project will cover 118 development wells, of which 81 will be production wells and 37 will be used for water injection.
Peak production should come in 2025, reaching 30,300 barrels of crude oil per day.
For more information on upstream projects in China, please visit EICDataStream.