CNOOC Limited Launches Bozhong 19-2 Oilfield Production
CNOOC Limited, a leading energy company, has announced the successful commencement of production at the Bozhong 19-2 Oilfield Development Project. This project marks a significant milestone in enhancing offshore oil production capabilities.
Project Overview
The newly developed oilfield is situated in central Bohai Bay, characterized by its moderate water depth of approximately 20 meters. To support production, the project features a high-tech central processing platform along with four unmanned wellhead platforms. The ambitious plan includes the drilling of 59 development wells, comprising 34 production wells and 25 water-injection wells, indicating a comprehensive approach to resource management.
Production Expectations
The Bozhong 19-2 Project is anticipated to reach a peak production capacity of around 18,800 barrels of heavy crude oil per day by 2025. This achievement would contribute significantly to the region, known for being China's largest crude oil production base, further emphasizing CNOOC Limited's pivotal role in the energy sector.
Advanced Engineering and Efficiency
The application of smart engineering techniques and standardized construction methods has played a crucial role in expediting the project's development cycle. This efficient approach not only accelerates the construction process but also ensures effective resource utilization. Such advancements signify CNOOC's commitment to leveraging technology in optimizing offshore oil and gas operations.
100% Ownership and Operational Control
CNOOC Limited proudly maintains a 100% ownership stake in the Bozhong 19-2 Oilfield and is the project's sole operator. This control allows CNOOC to implement its strategic vision and operational expertise fully, ensuring the project's success and laying a foundation for future developments in offshore oil exploration.
Looking Ahead
As the oilfield progresses into production, CNOOC Limited is well-positioned to respond to the dynamic energy landscape. The success of the Bozhong 19-2 project not only highlights CNOOC's operational capabilities but also reinforces its reputation as a leader in the oil and gas industry.
Commitment to Sustainable Practices
In an era of increasing environmental awareness, CNOOC Limited is dedicated to integrating sustainable practices into its operations. The company continuously reviews its methods to meet and exceed environmental standards while ensuring the efficient development of energy resources.
Contact Information
For inquiries regarding CNOOC Limited's operations or the Bozhong 19-2 oilfield, please reach out to:
Ms. Cui Liu
Media & Public Relations
CNOOC Limited
Tel: +86-10-8452-6641
Mr. Bunny Lee
Porda Havas International Finance Communications Group
Tel: +852 3150 6707
Frequently Asked Questions
What is the Bozhong 19-2 Oilfield Project?
The Bozhong 19-2 Oilfield Project is an offshore oil development initiative launched by CNOOC Limited, focused on enhancing crude oil production.
Where is the Bozhong 19-2 project located?
This oilfield is situated in central Bohai Bay, which is known for its significant crude oil reserves.
What is the expected production capacity of the oilfield?
The project is expected to achieve a peak production capacity of approximately 18,800 barrels of heavy crude oil per day by 2025.
How many wells are planned for development?
A total of 59 wells are planned, including 34 production wells and 25 water-injection wells, to maximize resource extraction.
What role does CNOOC Limited play in this project?
CNOOC Limited holds 100% interest in the Bozhong 19-2 oilfield and serves as the operator, managing all operational aspects of the project.
