CNOOC Ltd.

CNOOC Ltd. announces today that Kenli 6-1 Oilfield 5-1, 5-2, 6-1 Block Development Project has commenced production. The project is located in the south of Bohai Sea, with an average water depth of around 19 meters. The main production facilities include 1 central platform and 6 unmanned wellhead platforms. 107 development wells are planned to be commissioned, including 67 production wells, 36 water injection wells and 4 [...]

CNOOC Ltd. announces today 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 located in the Eastern South China Sea, with an average water depth of around 90 meters. The main production facilities of the project include 2 drilling production platforms and 1 unmanned wellhead platform. 48 production wells are planned to be commissioned [...]

CNOOC Ltd. announces today that Shenmu-Anping coalbed methane pipeline has been fully connected and is ready for operation. Shen'an pipeline starts from Shenmu, Yulin City of Shanxi Province and ends at Anping County, Hengshui City of Hebei Province. The total length of the pipeline is approximately 623 kilometers, with a designed gas transmission capacity of 5 billion cubic meters per annum. With the pipeline putting [...]

CNOOC Ltd. announces today that it has completed the acquisition of another 5% participation interest in the Production Sharing Contract of the Transfer of Rights Surplus Volume related to Búzios oilfield. Búzios oilfield is located in Santos Basin, southeast offshore of Brazil, with an average water depth of approximately 2,200 meters. It is the world's largest deep-water pre-salt producing oil field. The project is [...]

CNOOC Ltd. announced today that Jinzhou 31-1 gas field development project commenced production. Jinzhou 31-1 gas field locates in Liaodong Bay of Bohai Sea, with an average water depth of about 30 meters. The main production facilities include 1 subsea production system, 1 submarine transportation pipeline, and 1 umbilical cable. It will fully utilize the existing processing facilities of Jinzhou 25-1 south platform and [...]

CNOOC Ltd. announced today that the MDA Gas Field, the largest gas field of 3M Project in Indonesia, has commenced production. 3M Project is located approximately 75 kilometers southeast of Madura Island in the Madura Strait, East Java, with an average water depth of around 80 meters. The project contains 3 gas fields with a total of 9 gas-producing wells. The main production facility is a floating production unit which [...]

CNOOC Ltd. today announced its operating results for the third quarter of 2022. In the third quarter, the Company has achieved remarkable results by seizing the favorable oil price cycle, to step up the efforts in exploration and development, to increase reserves and production, and to improve quality and efficiency. The Company has managed to keep its cost at a competitive level and witnessed significant improvement in [...]

CNOOC Ltd. announced today that the proved gas in-place of Baodao 21-1 Gas Field has successfully passed the Chinese governmental review and filing. Baodao 21-1 gas field is located in Baodao Sag, Qiongdongnan Basin, Western South China Sea. The water depth ranges from 660 to 1,570 meters. The main gas-bearing layer is the Paleogene Lingshui formation and the discovery is condensate gas reservoirs. The discovery well [...]

CNOOC Ltd. announced today that Kenli 6-1 Oilfield 10-1 North Block Development Project commenced production. The development project locates in the south of Bohai Sea, with average water depth of about 19 meters. The main production facilities include 1 production adjective platform and 2 unmanned wellhead platforms. 25 development wells are planned to be put into production, including 16 production wells and 9 water [...]

CNOOC Ltd. announced today that Dongfang 1-1 Gas Field Southeast Zone and Ledong 22-1 Gas Field South Block Development Project commenced production ahead of schedule. The development projects locate in Yinggehai, Western South China Sea, with an average water depth of 90 meters. Utilizing the existing processing facilities of Dongfang 1-1 platform and Ledong 22-1 platform, the projects plan to commission 4 development [...]