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Source: People's Republic of China in Russian – People's Republic of China in Russian –
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Source: People's Republic of China – State Council News
BEIJING, Dec. 14 (Xinhua) — China National Offshore Oil Corp. (CNOOC) announced Sunday that the secondary development project of the Liuhua oil field, the country's first deepwater oil field, has fully started production.
The development marks a significant breakthrough in China's development of complex deepwater oil and gas fields.
The Liuhua oil field, located in the Pearl River estuary basin, is China's largest offshore reef limestone field with proven in-place reserves. Since its initial commissioning in 1996, the field has produced over 20 million tons of crude oil.
However, significant reserves, estimated at 140 million tonnes, remain in the seabed strata, requiring secondary development to exploit the potential.
The secondary development project includes two oil fields, Liuhua 11-1 and Liuhua 4-1, located in an area with an average water depth of approximately 305 meters. The project involves 32 production wells.
Since the first phase of wells was commissioned in September 2024, daily crude oil production has reached a record level of 3,900 tons. -0-
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