US EditionCNOOC Limited Brings On-stream Luda 5-2 North Oilfield Phase II Development Project
- CNOOC Limited has started production at the Luda 5-2 North Oilfield Phase II Development Project, located in the Bohai Sea.
- The project includes 29 planned development wells and aims for peak production of 6,700 barrels of oil equivalent per day in 2026.
- CNOOC Limited has developed major technological breakthroughs for efficient offshore super heavy oil development and will optimize the Jet Pump Injection-Production Technology to enhance economic development.
- CNOOC Limited holds a 100% interest in the project, which is notable for being the first in China to produce from super heavy oil reservoirs using thermal recovery technology.
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Total News Sources44
Leaning Left6Leaning Right2Center9Last UpdatedBias Distribution53% Center
Bias Distribution
- 53% of the sources are Center
53% Center
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C 53%
12%
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