CNOOC ramps up production from Panyu oil fields offshore China

CNOOC has started up its Panyu 11-12/10-1/ 10-2 oilfields adjustment joint development in the eastern South China Sea.
Jan. 3, 2025

CNOOC has started up its Panyu 11-12/10-1/ 10-2 oilfields adjustment joint development in the eastern South China Sea.

Main facilities, in an average water depth of about 100 m, are a new wellhead platform and an unmanned wellhead installation, with 12 planned wells. Later this year production should hit a peak of 13,600 boe/d of medium-heavy crude.

The unmanned wellhead platform is designed for typhoon production mode with a heavy-oil intelligent processing system. It is linked via a trestle bridge to an existing platform serving the Panyu 10-2 field, allowing for sharing of facilities and equipment.

Since the start of operations in 2003, the Panyu oil field has produced more than 380 MMbbl, with an intelligent oilfield cluster established in recent years combining digital, intelligent and unmanned operations.

The history and progress of the Panyu oil fields

CNOOC has started production from the Panyu 11-5 oil field in the South China Sea.
April 25, 2016
CNOOC Ltd. reports that its Panyu 34-1/35-1/35-2 project has begun production in the Pearl River Mouth basin of the South China Sea.
Dec. 4, 2014
CNOOC Ltd. announced that its Panyu 34-1/35-1/35-2 project commenced production in the South China Sea.
Dec. 1, 2014
CNOOC has produced first oil from its Panyu 10-2/5/8 project in the Pearl River Mouth basin of the South China Sea.
July 31, 2014
Offshore staffHONG KONG –CNOOC Ltd. reports that production has commenced on thePanyu 4-2/5-1 oil field adjustment project and the Liuhua 4-1 oil field, located in the Pearl River...
Dec. 31, 2012
A consortium of Technip (Paris:TEC) and Offshore Oil Engineering Co. Ltd. (COOEC) has won an engineering, procurement, installation, and construction services contract from China...
Oct. 16, 2012
Devon Energy has completed the $515 million sale of its Panyu field offshore China to China National Offshore Oil Corp.
June 18, 2010
The PanYu (PY) 30-1 gas field has begun production, according to CNOOC.
March 19, 2009
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