CNOOC Ltd.’s Qinhuangdao 32-6 comprehensive adjustment project has commenced production, the company said March 9 in a news release. The Qinhuangdao 32-6 oil field is located in Bohai Bay with an average water depth of about 20 m (66 ft).
The main production facilities include four platforms and 99 producing wells, CNOCC said in the release. This project is fully on-stream and expected to reach its peak production of about 36,000 bbl/d in 2015.
CNOOC has 75.5% working interest in Qinhuangdao 32-6 comprehensive adjustment project and acts as the operator, while its partner, Chevron China Energy Co, holds the remaining 24.5% working interest.
Recommended Reading
Core Scientific to Expand its Texas Bitcoin Mining Center
2024-04-16 - Core Scientific said its Denton, Texas, data center currently operates 125 megawatts of bitcoin mining with total contracted power of approximately 300 MW.
Nova Clean Energy Acquires BNB’s 1-GW HyFuels Portfolio in Texas
2024-04-16 - Covering about 25,000 acres on the Texas Gulf Coast, HyFuels’ power supply will be split evenly between wind and solar energy.
Exxon Mobil Guyana Awards Two Contracts for its Whiptail Project
2024-04-16 - Exxon Mobil Guyana awarded Strohm and TechnipFMC with contracts for its Whiptail Project located offshore in Guyana’s Stabroek Block.
EnQuest Selling Stake in North Sea Golden Eagle Oilfield, Sources Say
2024-04-16 - EnQuest has struggled in recent years with high debt levels and a drop in profits after Britain imposed a 35% windfall tax on North Sea producers.
North Carolina Grants Mining Permit to Piedmont Lithium
2024-04-16 - Located in Gaston County, North Carolina, the project is being designed to produce 30,000 metric tons of lithium hydroxide per year.