Asset Report
Weizhou Area
Report summary
The Weizhou area includes over 20 oil fields in the Beibu gulf, 100% owned by CNOOC. The development started in the early 1980s, with Weizhou 10-3/10-3N onstream in 1986. This was followed by the startup of Weizhou 11-4 and Weizhou 12-1 in 1993 and 1999, respectively. CNOOC brought 5 fields onstream in the 2000s and another 10 in the 2010s.
Table of contents
- Key facts
-
Summary and key issues
- Summary
- Location maps
- Participation
- Well data
- Reserves and resources
- Production
-
Development
- Weizhou 10-3/10-3N
- Weizhou 11-4/11-4N
- Weizhou 12-1/12-1N
- Others
- Weizhou 11-2, 11-4N, 12-1W and 12-2 adjustment project
- Infrastructure
-
Costs
- Exploration Costs
- Fiscal and regulatory
-
Economic assumptions
- Cash Flow
- Discount rate and date
- Inflation rate
- Oil price
- Exchange rate
- Global Economic Model (GEM) file
- Economic analysis
Tables and charts
This report includes 23 images and tables including:
- Key facts: Table 1
- Index Map
- Weizhou Area Map
- Participation: Table 1
- Well data: Table 1
- Reserves and resources: Table 1
- Production: Table 1
- Production: Table 2
- Production Profile
- Infrastructure: Table 1
- Fiscal and regulatory: Table 1
- Cash Flow
- Economic analysis: Table 2
- Economic analysis: Table 3
- Split of Revenues
- Cumulative Net Cash Flow - Undiscounted
- Cumulative Net Cash Flow - Discounted at 10% from 01/01/2024
- Remaining Revenue Distribution (Discounted at 10% from 01/01/2024)
- Remaining Present Value Price Sensitivities
- Costs: Table 1
- Capital Costs
- Costs: Table 3
- Operating Costs
What's included
This report contains:
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