CNOOC boosts oil output with Liuhua Oilfield Secondary Development

Peak production will reach 17,900 barrels per day.

China National Offshore Oil Corporation (CNOOC) has announced that production has started at the Liuhua 11-1/4-1 Oilfield Secondary Development Project which is located in the eastern South China Sea.

In a statement, CNOOC said the facility’s two oilfields, Liuhua 11-1 and Liuhua 4-1, have an average water depth of approximately 305 metres. The main production facilities include a new deepwater jacket platform Haiji-2 and a cylindrical FPSO Haikui-1, which are a first in Asia.

The company said the Liuhua project will commission 32 development wells and reach peak production of about 17,900 barrels per day in 2026.

“Whilst revitalising the deepwater oilfields with original oil in place over 100 million tons, the new mode has substantially reduced the construction and production costs,” said Zhou Xinhuai, CEO and President of CNOOC. “It provides a Chinese solution for the efficient development of similar deepwater oil and gas fields."

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CNOOC Gas and Power Group

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