Operator · Canada Oil Sands & China Shale
CNOOC Limited
51 articles mentioning CNOOC Limited · Page 1 of 3
Exxon Makes Dual Discoveries at Liza, Payara Prospects Offshore Guyana
ExxonMobil has made two new discoveries offshore Guyana to the southeast of the Liza and Payara developments in the Stabroek block. The discoveries at Seabob and Kiru-Kiru are the sixth and seventh in Guyana this year,...
Exxon, Hess to Proceed with Yellowtail Development Offshore Guyana
ExxonMobil has made a final investment decision to proceed with development of Yellowtail offshore Guyana after receiving government and regulatory approvals. The company's fourth, and largest, project in the Stabroek Block is expected to produce approximately...
ExxonMobil Begins Production at Stabroek Liza Unity Offshore Guyana; Will Hit 220,000 BOPD
ExxonMobil has started production at Guyana's second offshore oil development on the Stabroek Block, Liza Phase 2, bringing total production capacity to more than 340,000 barrels per day in only seven years since the country's first...
ExxonMobil Makes Dual Oil Discoveries at Stabroek Block
ExxonMobil has made two oil discoveries at Fangtooth-1 and Lau Lau-1 in the Stabroek block offshore Guyana. The Fangtooth-1 well encountered approximately 164 feet (50 meters) of high-quality oil-bearing sandstone reservoirs. The well was drilled in...
Exxon Strikes Oil at Pinktail Well Offshore Guyana
ExxonMobil has made a discovery at Pinktail in the Stabroek Block offshore Guyana. The Pinktail well encountered 220 feet (67 meters) of net pay in high quality hydrocarbon bearing sandstone reservoirs. In addition to successful appraisal...
CNOOC Turns on Taps at Luda 6-2 Project in the Bohai Sea
CNOOC Limited announced that Luda 6-2 oilfield has commenced production ahead of schedule. Luda 6-2 oilfield is located in Liaodong Bay of Bohai Sea, with average water depth of about 30 meters. In addition to fully...
Exxon, Hess Strike Oil Discovery at Guyana Whiptail Prospect
ExxonMobil and Hess Corp. announced a significant oil discovery on the Stabroek Block offshore Guyana at Whiptail. The Whiptail-1 well encountered 246 feet (75 meters) of net pay in high quality oil bearing sandstone reservoirs. Drilling...
Exxon Touts Discovery at Longtail-3 Well Offshore Guyana
ExxonMobil has made a discovery at Longtail-3 in the Stabroek Block offshore Guyana. Drilling at Longtail-3 encountered 230 feet (70 meters) of net pay, including newly identified, high quality hydrocarbon bearing reservoirs below the original Longtail-1...
CNOOC Begins Production at Liuhua 29-2 Gas Field
CNOOC Limited announced that Liuhua 29-2 gas field has commenced production. The Liuhua 29-2 gas field is located in the eastern South China Sea, 300 kilometers southeast of Hong Kong, with water depth of about 750...
CNOOC's Q1 Production Up 5% YOY at 137.7 MMBOE
CNOOC Limited announced its key operational statistics for the first quarter of 2021. The Company achieved a total net production of 137.7 MMBOE for the first quarter of 2021, representing an increase of 4.7% YOY. Among...
CNOOC Turns on Taps at Caofeidian Project Using Low Carbon Strategy; 15 MBO/d by 2023
CNOOC Limited announced that Caofeidian 6-4 oilfield has commenced production. A total of 42 development wells are planned, including 30 production wells, 12 water injection wells and water source wells. The project is expected to reach...
CNOOC-Conoco JV Penglai Project Begins Production Offshore China
CNOOC Limited announced that Penglai 25-6 oilfield area 3 project has commenced production ahead of schedule. CNOOC Limited holds a 51% interest in Penglai 25-6 oilfield area 3 project and acts as the operator. Subsidiaries of...
Exxon, Partners Hit 18th Discovery Offshore Guyana
ExxonMobil and partners (Hess Corp. and CNOOC Ltd.) have made its 18th discovery offshore Guyana at the Redtail-1 well. This will add to the previously announced estimated recoverable resource of more than 8 billion oil-equivalent barrels...
Exxon Restricts Output at Stabroek Asset Offshore Guyana; 100,000 BPD Cap
ExxonMobil is restricting oil output at its Stabroek asset offshore Guyana, according to a report by Reuters. Currently, output is being capped at 100,000 BPD. The company cited problems with natural gas compression / injection as...
Exxon, Partners Hit 16th Discovery at Guyana Stabroek; 8.0 Billion BOE Potential
ExxonMobil and its partners (Hess Corp. and CNOOC Ltd.) announced another oil discovery offshore Guyana at the Uaru well, the 16th discovery on the Stabroek Block. The company also announced an increase in the estimated gross...
CNOOC Ups Spending, Drilling ~30% YOY; Details New Projects for 2020
CNOOC Limited has detailed its business strategy and development plan for the year 2020. The company is increasing spending and drilling activity across the board. However, production is only slated to increase 4% from year-end 2019...
Exxon's Guyana Wells Continue Streak; Two More Discoveries Reported
ExxonMobil has made two additional discoveries offshore Guyana at the Tilapia-1 and Haimara-1 wells. This brings the total number of discoveries on the Stabroek Block to 12. The discoveries build on the previously announced estimated recoverable...
Hess Hits 10th Stabroek Discovery; Resource Potential Upped to Five Billion BOE
Hess has made a tenth discovery offshore Guyana at the Pluma-1 well on the Stabroek Block. As a result of this new discovery and further evaluation of previous discoveries, the estimate of discovered recoverable resources for...
Hess Continues Streak Offshore Guyana with Ninth Discovery
Hess announced a ninth oil discovery offshore Guyana at the Hammerhead-1 well, marking its fifth oil discovery on the Stabroek Block in the past year and proving a new play concept for potential development. Hammerhead-1 encountered...
Hess, Exxon Up Stabroek Resource Potential +25% to Four Billion BOEs
ExxonMobil and Hess have increased its estimate of the discovered recoverable resources for the Stabroek Block offshore Guyana to over 4 billion oil-equivalent barrels (up +25% from 3.2 billion BOEs previously estimated). The increase follows completion...