CNOOC Ltd. began production at its Enping 18-6 oil field, the company announced Oct. 26.
The Enping 18-6 field is in the Pearl River Mouth Basin of the South China Sea in an average water depth of 99 m.
The main production facilities include one wellhead platform, with 15 development wells planned to be put into production. It is expected to achieve a peak production of 9,300 bbl/d in 2024, according to the company.
CNOOC holds 100% interest in the project and acts as the operator.
About a month ago, CNOOC’s Lufeng 12-3 field began production.
2023-11-02 - The wildcatter’s two newest wells have come in with up to 35 MMcf/d as Comstock Resources drills in the Haynesville Shale north of Houston.
2023-11-06 - From another postponement of the Gulf of Mexico’s Lease Sale 261 to new contract awards, below is a compilation of the latest headlines in the E&P space.
2023-09-28 - Shale legend Dick Stoneburner walks Hart Energy's Jordan Blum through his pivot from the U.S. to Australia with Tamboran Resources and his confidence in the Beetaloo Basin compared to the Permian in this Hart Energy LIVE Exclusive.
2023-11-06 - Amid an all-stock buying bonanza in recent weeks spurred on by Exxon Mobil and Chevron to snatch up shale and international assets, APA remains focused on creating value.
2023-09-25 - As public E&Ps hold fast with capital discipline, even exuberant prices might not be enough to substantially bump up production, although private operators remain a wild card, analysts said.