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>

<< Mar 2017 >>
MTWTFSS
27 28 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

NGV Global 2017

The NGV GLOBAL 2017 Conference will bring together leaders in the world natural gas for vehicles to discuss current trends, development…

read more >

40th Annual Offshore Pipeline Technology Conference 2017

The conference will cover areas like discuss on pipeline integrity management and life extension strategies for better operational outcomes…

read more >

SNS2017 – The Southern North Sea Conference & Exhibition

EEEGR’s flagship Southern North Sea conference is taking place over two days at the Norfolk Showground Arena in Norwich…

read more >

MEOS 2017

The conference typically features over 300 high quality technical presentations, a series of panel sessions led by presidents, vice presidents…

read more >