Beibu Gulf development heads toward peak production

Offshore staff

SYDNEY, Australia – CNOOC has completed the 10-well development drilling program on the WZ 6-12 field in the Beibu Gulf offshore China.

This was designed to optimize the original field development plan and accelerate production reserves discovered through the 2012 exploration campaign. According to partner Roc Oil (China), the work was completed ahead of schedule and within budget.

Production from the developed fields is currently about 10,000 b/d of oil. The jackup COSL HYSY 931 has transferred to the WZ 12-8 West field and started drilling WZ12-8W-A1Hl, the first of five planned development wells.

Plateau production from the overall project is expected to be achieved later this year, and average 15,000 b/d.

6/20/2013

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