Production commences on Huizhou 26-6 oil field development project

CNOOC announced on Monday that its Huizhou 26-6 oil field development project has commenced production.

Located in the Pearl River Mouth Basin with an average water depth of approximately 110 meters, the main production facilities include a new intelligent drilling production platform, as well as a floating production storage and offloading (FPSO) facility, said CNOOC.

A total of 19 development wells are planned to be commissioned, including two oil production wells and 17 gas production wells. The project is expected to achieve a peak production of approximately 20,600 barrels of oil equivalent per day in 2027, with the main products covering light crude and natural gas, it said.

The first intelligent offshore drilling production platform in China was built for this project, to realize the efficient development of offshore oil and gas resources. The new project will contribute to the economic and social development of the Guangdong–Hong Kong–Macao Greater Bay Area, it added.

The Huizhou 26-6 oil field development project is CNOOC's first deep buried hill reservoir development project in the South China Sea. CNOOC holds 100 percent interest in this project and is the operator.