CNOOC’s Penglai 19-9 Project Begins Production

Chinese oil company, CNOOC, informed that the Penglai 19-9 comprehensive adjustment project has started production.

The Penglai 19-9 oil field is located in Bohai Bay which has an average water depth of approximately 30 meters.

In addition to fully utilizing the existing facilities of Penglai 19-3 oil field, this adjustment project has also built one wellhead platform.

There are 57 planned producing wells in total with two wells currently producing approximately 750 barrels of crude oil per day, the company said.

The adjustment project is expected to reach its overall development program designed peak production of approximately 13,000 barrels of crude oil per day in 2019.

CNOOC has 51% working interest in Penglai 19-9 oil field and acts as the operator, while its partner, ConocoPhillips China holds the remaining 49% working interest.

Share this article

Follow Subsea World News

Events>

<< Jan 2017 >>
MTWTFSS
26 27 28 29 30 31 1
2 3 4 5 6 7 8
9 10 11 12 13 14 15
16 17 18 19 20 21 22
23 24 25 26 27 28 29
30 31 1 2 3 4 5

Oil & Gas IP Summit

The conference will cover areas like Evaluating Best Practice Techniques for IP Portfolio Management and Innovation Strategies,Collaborative…

read more >

European Gas Conference 2017

In recent years the gas market has undergone tremendous shifts with the emergence of new supply sources, the comeback of coal in the power…

read more >

Well Control – Subsea Engineer Programme

The Training Academy’s IADC accredited Subsea Engineer Programme (SSEP) has been recognized by the industry’s major drilling contractors…

read more >

Offshore West Africa 2017

Offshore West Africa 2016 brought together a record-breaking attendance of oil & gas professionals, creating a vibrant networking experience,…

read more >