CNOOC Limited Brings On-stream Weizhou 11-4 Oilfield Adjustment and Satellite Fields Development Project
The project includes 35 wells and targets 16,900 barrels of oil equivalent per day in 2026 to support regional energy stability, CNOOC said.
- In a Hong Kong release on Dec. 2, 2025, the company announced the Weizhou 11 oilfield adjustment and satellite fields project has commenced production, with CNOOC Limited holding 100% interest and acting as operator.
- Using a coordinated scheme, the project adopts a "three offshore processing centers + one onshore terminal" plan to leverage existing facilities and stabilize regional energy supply.
- A 35-well program includes 28 production wells and 7 water injection wells, with main facilities comprising a new unmanned wellhead platform and a central processing platform linked by a trestle.
- CNOOC expects the project to reach plateau production of 16,900 barrels of oil equivalent per day in 2026, cautioning results may differ due to market, policy and other risks.
- The field lies in the Beibu Gulf Basin and has an average water depth of 43 meters, producing light crude that influences processing and product profiles.
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CNOOC Limited Brings On-stream Weizhou 11-4 Oilfield Adjustment and Satellite Fields Development Project
CNOOC brings Weizhou 11-4 oilfield online in South China Sea
CNOOC announced that its Weizhou 11-4 Oilfield Adjustment and Satellite Fields Development Project has commenced production. The field is located in the Beibu Gulf Basin in the South China Sea at an average water depth of about 43 m. The development relies on a newly built unmanned wellhead platform and a central processing platform, tied … The post CNOOC brings Weizhou 11-4 oilfield online in South China Sea appeared first on Drilling Contracto…
(SeaPRwire) – Hong Kong, December 2, 2025 — CNOOC Limited (“the Company”, HKEX codes: 00883 (HKD counter) and 80883 (RMB counter), SSE code: 600938) today announced that the Weizhou 11-4 oilfield adjustment and satellite oilfield development project has commenced production. The project is located in the Beibu Gulf Basin of the South China Sea, with an average water depth of approximately 43 meters. The project utilizes existing adjacent facili…
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