CNOOC Ltd., a listed branch of China National Offshore Oil Corp. (CNOOC), said on Nov. 29 it had started production at the second phase of its Buzzard project in Britain.
The project is expected to reach peak production of about 12,000 barrels of oil equivalent per day (boe/d) in 2022, driving Buzzard's total production to 80,000 boe/d.
Located 100 km (62 miles) northeast of Aberdeen with average water depth of about 96 m, the project will use the existing Buzzard facility and has built a set of underwater production systems, two production wells and two water injection wells.
CNOOC Petroleum Europe Ltd., a wholly owned subsidiary of CNOOC Ltd., is the operator of Buzzard and holds 43.21% interest in the project.
The remaining interests are held by Suncor Energy, Harbour Energy and ONE-Dyas.
Recommended Reading
New US Rules Seek to Curb Leaks From Drilling on Public Lands
2024-03-27 - The U.S. Interior Department finalized rules aimed at limiting methane leaks from oil and gas drilling on public lands.
From Satellites to Regulators, Everyone is Snooping on Oil, Gas
2024-04-10 - From methane taxes to an environmental group’s satellite trained on oil and gas emissions, producers face intense scrutiny, even if the watchers aren’t necessarily interested in solving the problem.
Markman: Is MethaneSAT Watching You? Yes.
2024-04-05 - EDF’s MethaneSAT is the first satellite devoted exclusively to methane and it is targeting the oil and gas space.
Exclusive: Dan Romito Urges Methane Mitigation Game Plan
2024-04-08 - Dan Romito, the consulting partner at Pickering Energy Partners, says evading mitigation responsibility is "naive" as methane detection technology and regulation are focusing on oil and gas companies, in this Hart Energy Exclusive interview.
Belcher: Our Leaders Should Embrace, Not Vilify, Certified Natural Gas
2024-03-18 - Recognition gained through gas certification verified by third-party auditors has led natural gas producers and midstream companies to voluntarily comply and often exceed compliance with regulatory requirements, including the EPA methane rule.