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“Phase II of Lufeng oilfields begins production, South China Sea, 14 wells, 22.600 b/d, operator.”
CNOOC announced that production began in Campos Phase II Development Project Lufeng Oilfields.
The project is located in the east of South China Sea, with an average water depth of around 136 meters. The complex comprises the Lufeng 8-1 oil field, the Lufeng 9-2 oil field and the Lufeng 14-8 oil field.
A new drilling platform was built to support the extraction of Lufeng Oil and a total of 14 development wells are scheduled to come into operation, of which 13 will be production wells and one well will be dedicated to water injection.
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Lufeng Oil Fields Phase II Development Project
The Phase II development project of the Lufeng Oil Fields forecasts a peak production of around 22.600 barrels of crude oil per day to be achieved by 2025.
Lufeng Oil Fields: A Profitable Project
A CNOOC Limited holds 100% interest in the project and acts as the operator. This development, located in the south of China Sea, aims to extract oil from Lufeng Oil Fields.
Lufeng Oil: Rise of Production
The Phase II development project of the Lufeng Oil Fields is scheduled to reach peak production of approximately 22.600 barrels of crude oil per day until 2025.
Resource Exploration: Lufeng Oil Fields
A CNOOC Limited is confident in the growing production of Lufeng Oil Fields, with a projected peak of around 22.600 barrels of crude oil per day until 2025.
Sustainability and Profitability: Lufeng Oil Fields
A CNOOC Limited aims at sustainability and profitability through the Phase II development project of Lufeng Oil Fields, predicting a production peak of approximately 22.600 barrels of crude oil per day until 2025.
Successful Partnership in Lufeng Oil Fields
A CNOOC Limited maintains its prominent position as operator of the Phase II development project of the Lufeng Oil Fields, with a peak production estimated at around 22.600 barrels of crude oil per day until 2025.
Challenges and Opportunities: Lufeng Petroleum
The Phase II development project of the Lufeng Oil Fields presents challenges and opportunities for CNOOC Limited, with the goal of reaching a peak production of approximately 22.600 barrels of crude oil per day until 2025.
Sustainable Growth in Lufeng Oil Fields
A CNOOC Limited continues its work on developing Lufeng Oil Fields, aiming for a peak production of around 22.600 barrels of crude oil per day until 2025.
Strategic Investment in Lufeng Oil Fields
The Phase II development project of the Lufeng Oil Fields represents a strategic investment for the CNOOC Limited, with a production peak of approximately 22.600 barrels of crude oil per day until 2025.
High Performance in Lufeng Oil Fields
The Phase II development project of the Lufeng Oil Fields allows the CNOOC Limited achieve high performance, with a projected peak production of around 22.600 barrels of crude oil per day until 2025.
Lufeng Oil Fields: Strategic Development
A operator CNOOC Limited is committed to the strategic development of Phase II of Lufeng Oil Fields, with the expectation of reaching a production peak of approximately 22.600 barrels of crude oil per day until 2025.
Innovation and Sustainability in Lufeng Oil Fields
The Phase II development project of the Lufeng Oil Fields reflects the search for CNOOC Limited for innovation and sustainability, with a projection of a production peak of around 22.600 barrels of crude oil per day until 2025.
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