Offshore staff
HONG KONG – CNOOC has outlined some of its goals for the year ahead.
The company is targeting net production for 2022 of 600-610 MMboe, rising in 2023 and 2024 to 640-650 MMboe and 680-690 MMboe, respectively.
Its budgeted capex for 2022 is RMB 90-100 billion ($14-16 billion), with exploration, development, production accounting for respectively 20%, 57%, and 21%.
This year the company plans to drill 227 offshore exploration wells and to acquire around 17,000 sq km (6,564 sq mi) of 3D seismic data.
It also expects to bring onstream 13 new projects, including the Bozhong 29-6 oilfield development, Kenli 6-1 oilfield block 5-1, 5-2, 6-1, and the Enping 15-1/10-2/15-2/20-4 oilfields joint development offshore China; Liza Phase II offshore Guyana; and the 3M (MDA, MBH, MAC) project offshore Indonesia.
01/11/2022
