China's state-owned oil and gas firm China National ƶijϻ Oil Corporation (CNOOC) ha started production from its Wushi 17-2 oil field development project in Beibu Gulf in South China Sea.
The main production facilities include a new wellhead platform and an oil and gas processing terminal.
A total of 43 development wells are planned to be commissioned, including 28 production wells, 14 water-injection wells and one appraisal and water source well.
It is expected to achieve a peak production of approximately 9,900 barrels of oil equivalent per day in 2026. The oil property is light crude.
CNOOC Limited holds 80% interest in this project and is the operator.