China National Offshore Oil Corp (CNOOC) Limited, a renowned Chinese energy company, has officially commenced production at its Enping 18-6 Oilfield Development Project. This strategic move marks a significant milestone for energy extraction in the Pearl River Mouth Basin located in the South China Sea.

Technical Details and Projected Outputs

Situated at an average water depth of around 99 meters, the Enping 18-6 Oilfield project showcases state-of-the-art infrastructure, including a sophisticated wellhead platform. With plans in motion to activate 15 development wells, projections indicate an expected peak production volume of nearly 9,300 barrels of crude oil per day by 2024. This anticipated surge aligns with CNOOC Limited’s vision to strengthen its position in the global energy market.

CNOOC Limited’s Dominant Role in the Venture

Steering the helm of this endeavor, CNOOC Limited proudly retains a 100% interest in the Enping 18-6 Oilfield Development Project. As the sole operator, the company’s comprehensive involvement signifies its commitment to spearhead innovative energy solutions and maintain its reputation as a leader in the oil production sector.

  China, CNOOC, Enping 18-6 Oilfield, Pearl River Mouth Basin, South China Sea