London, September 04, 2024, (Oilandgaspress) ––CNOOC Limited announces today that Wushi 17-2 Oilfields Development Project has commenced production.
The project is located in Beibu Gulf, with an average water depth of approximately 28 meters. The main production facilities include a new wellhead platform and an oil and gas processing terminal. A total of 43 development wells are planned to be commissioned, including 28 production wells, 14 water-injection wells and one appraisal and water source well. It is expected to achieve a peak production of approximately 9,900 barrels of oil equivalent per day in 2026. The oil property is light crude.
CNOOC Limited holds 80% interest in this project and is the operator.
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