CNOOC started operations last week at its Shenhai-1 Phase II Natural Gas Development project in the northern part of the South China Sea.
The location is in the Qiongdongnan basin in about 900 m water depth. Main facilities comprise a fixed production platform and three centralized subsea wellheads, with plans to drill 12 development wells.
At peak in 2025, the project should deliver 162 MMcf/d of gas and 3,931 bbl/d of condensate.
Chairman Wang Dongjin said, "The project has successfully overcome the world-class challenge of deepwater high-pressure oil and gas reservoir development.”
