CNOOC commences operations at Kenli 10-2 oilfield
It is projected to reach peak production in 2026.
CNOOC Limited has started production at the Kenli 10-2 Oilfields Development Project (Phase I), the largest shallow lithological oilfield offshore China.
In a statement, the company said the project is expected to achieve a peak production of approximately 19,400 barrels of oil equivalent per day in 2026.
Kenli 10-2 Oilfields is located in the southern Bohai Sea, with an average water depth of about 20 metres. The main production facilities include a new central platform and two wellhead platforms, which leverage the adjacent existing facilities for development.
CNOOC eyes commissioning 79 development wells, including 33 cold recovery wells, 24 thermal recovery wells, 21 water injection wells and a water source well.
This project is the first lithological oilfield with a proved in-place volume of 100 million tonnes discovered in the shallow depression zone of the Bohai Bay Basin. It is developed in two phases under the strategy of "exploration and development integration, regional coordination, and phased implementation."
CNOOC Limited holds 100% interest in this project and is the operator.