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Lufeng Oil Fields Regional Development Project Commences Production

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CNOOC Limited announced the commencement of production of Lufeng oil fields regional development project.

The Lufeng oil fields is located in Eastern South China Sea and mainly include Lufeng 14-4 oil field, Lufeng 14-8 oil field, Lufeng 15-1 oil field and Lufeng 22-1 oil field, with an average water depth of about 140-330 meters.

The main production facilities include 2 drilling production platforms and 1 subsea production system. 35 development wells are planned to be put into production, including 26 production wells and 9 water injection wells. The project is expected to achieve its peak production of approximately 46,000 barrels of crude oil per day in 2023.

CNOOC Limited owns 100% interest in the Lufeng oil fields regional development project.

Information Source: Read More–>

Oil and gas, press , | Energy, Climate, Renewable, Wind, Biomass, Sustainability, Oil Price, LPG, Solar

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