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CHAPTER TWO
Developments of Energy Resourrces
joint venture is developing the field with two integrated production
systems incorporating three trains for gas and condensate and two
trains for rim oil. Gas and condensate development involves 98
production wells, including 68 new horizontal wells, 15 slanted wells,
11 workovers of existing wells, and four sidetracks. Most drilling
of the wells, to be located in 12 clusters, is to be finished by 2017.
Facilities include a treatment plant with 18.75 million standard cubic
feet per day of total capacity, a 48-km 40-in. gas export pipeline, and
a 22-km, 12-in. condensate export line. Oil development will include
55 new horizontal producing wells, three workovers, and 35 water-
injection wells, 25 new and 10 converted from oil wells. Most of
the oil wells are to be drilled and completed by 2018. Oil treatment
capacity will total 1.3 million tons per year, 200 thousand tons per
year in a first train and 1 million tons per year in a second. There will
be a 110-km export oil pipeline. The joint venture
i
comprises Eni
SPA, Novatek, Gazpromneft, and Enel.
In
China
, China National Offshore Oil Corporation announced
that Yacheng 13-4 Gas Field has recently commenced production
successfully. The field
ii
is located about 72 km southwest of Sanya,
Hainan Province, in the north part of the South China Sea with an
average water depth of about 85 m. Yacheng 13-4 is expected to
hit its peak production of 12.6 billion cubic feet per year in 2013.
In December 2012, CNOOC
iii
has commenced production at two
locations in the Pearl River Mouth Basin of the South China Sea,
the Panyu 4-2/5-1 Oil Field adjustment project and the Liuhua 4-1
oilfield project. Panyu 4-2/5-1 has an average water depth of about
i
Oil and Gas Journal, 23/4/2012
ii
Oil Voice, 3/8/2012
iii
Oil and Gas Financial Journal, 28/12/2012
