China National Offshore Oil Corporation (CNOOC) has started production from the Kenli 6-1 Oilfield 10-1 North Block Development Project in Bohai Bay, China.
The Kenli 10-1 North block serves as the main component of the Kenli 6-1 oilfield, which is claimed to be the first 100Mt oilfield discovered in the north of Laizhou Bay.
In a press statement, CNOOC said: “During the implementation process, in order to maximise the value of the oilfield regional development, the project practised the concept of intelligentisation, unmanned production, the modularisation of engineering construction, the integration of appraisal and development, as well as the sharing of old and new facilities.”
The development project’s main production facilities comprise one production adjective platform and two uncrewed wellhead platforms.
CNOOC is planning to drill a total of 25 development wells, of which 16 will be production wells and the remaining will be water injection wells.
The project is expected to have a peak production capacity of approximately 7,100 barrels of crude oil per day in 2023.
How well do you really know your competitors?
Access the most comprehensive Company Profiles on the market, powered by GlobalData. Save hours of research. Gain competitive edge.
Thank you!
Your download email will arrive shortly
Not ready to buy yet? Download a free sample
We are confident about the unique quality of our Company Profiles. However, we want you to make the most beneficial decision for your business, so we offer a free sample that you can download by submitting the below form
By GlobalDataThe company noted that the Kenli 6-1 Oilfield 10-1 North Block Development Project is contained in an average water depth of 18.1m. The firm is the sole stakeholder in the project.
Earlier this month, CNOOC started production from the Dongfang 1-1 Gas Field Southeast Zone and Ledong 22-1 Gas Field South Block Development Projects, located in Yinggehai, Western South China Sea.
The two projects are expected to have peak a production capacity of nearly 44 million cubic feet of natural gas per day.
Last month, CNOOC reported a net income of RMB71.89bn ($10.50bn) in the first half of 2022.