CNOOC announced today that Luda 21-2/16-3 regional development has commenced production.
Luda 21-2/16-3 regional development project is located in Liaodong Bay of Bohai Sea, about 39 kilometers north of Luda 10-1 oilfield and 90 kilometers northwest of Suizhong 36-1 onshore terminal.
The average water depth of the regional development project is about 25 meters. The project has built 1 central platform, 3 wellhead platforms and 1 production adjective platform. A total of 69 development wells are planned. The project is expected to reach its peak production of approximately 25,600 barrels of crude oil per day in 2022.