CNOOC launches 24 Block Development Project in Xijiang Oilfields

CNOOC Limited announced on Monday that production has commenced at the Xijiang Oilfields 24 Block Development Project.

Located in the shallow waters of the Pearl River Mouth Basin, the project leverages the existing facilities of the adjacent Huixi Oilfields, with the addition of a new unmanned wellhead platform. A total of 10 development wells are planned for commissioning.

The project is expected to achieve a plateau production of approximately 18,000 barrels of oil equivalent per day in 2026. The oil produced is light crude.

The new Xijiang 24-7 platform is China's first unmanned offshore platform for high-temperature fluid cooling and export. Its temperature control system reduces the impact of high temperatures on subsea pipelines, thereby ensuring stable and continuous production.

CNOOC Limited holds 100 percent interest in the project and is the operator.