CNOOC begins production at Lufeng oil fields regional development project

CNOOC Ltd. has started production of its Lufeng oil fields regional development project.

The fields lie in the Eastern South China Sea and mainly include Lufeng 14-4, Lufeng 14-8, Lufeng 15-1, and Lufeng 22-1 fields, in an average water depth of 140-330 m.

Main production facilities include two drilling production platforms and one subsea production system. Thirty-five development wells are expected to be put into production, including 26 production wells and nine water injection wells. The project is expected to achieve peak production of about 46,000 b/d of crude oil in 2023.

CNOOC owns 100% interest in the development.