CNOOC begins production on Enping oilfield joint development project

(WO) — CNOOC Ltd. announces on Dec. 7 that Enping 15-1/10-2/15-2/20-4 oilfields joint development project has commenced production.

Enping 15-1/10-2/15-2/20-4 oilfields are in the Eastern South China Sea, with an average water depth of around 90 meters. The main production facilities of the project include two drilling production platforms and one unmanned wellhead platform.

48 production wells are planned to be commissioned. The project is expected to achieve its peak production of approximately 35,500 barrels of crude oil per day in 2024.

Enping 15-1/10-2/15-2/20-4 oilfields joint development project employs the first newly built unmanned platform in the Eastern South China Sea, which has been equipped with the function of remote production under typhoon mode.

At the same time, the project has planned 1 carbon dioxide gas injection well for reinjection and storage of carbon dioxide produced by the oilfields. It is the first offshore carbon capture and storage (CCS) demonstration project in China.

Mr. Zhou Xinhuai, CEO of the Company, said, “The commissioning of Enping 15-1/10-2/15-2/20-4 oilfields joint development project marks a breakthrough for the construction of unmanned, less-manned and intelligentized offshore oilfields in China. And it is an important achievement of the green and low-carbon transition of offshore oilfields.”

CNOOC Limited holds 100% interest in Enping 15-1/10-2/15-2/20-4 oilfields joint development project and acts as the operator.