Asset Report

Liuhua Oil Fields

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The Liuhua Oil Fields analysis includes Liuhua 11-1/4-1 and the Liuhua 16-2 oil cluster. Liuhua 11-1/ 4-1 has been 100% owned by CNOOC since the foreign partners exited in 2003. The Liuhua 11-1 field, 195 kilometres southeast of Hong Kong, was developed by horizontal production wells and came onstream in 1996. Liuhua 4-1 was tied back to the Liuhua 11-1 field facilities in 2012. Crude is piped to the Nanhaishengli floating production storage and offloading vessel (FPSO).

Table of contents

  • Summary
  • Key Issues
  • Emissions
  • Production Tests
    • Wells
    • Nanhaishengli FPSO Summary
    • Nanhaitiaozhan FPS Summary
    • Additional details
    • Subsea
    • Liuhua 16-2/20-2/21-2 joint development
    • Wells
    • Haiyangshiyou 119 FPSO
    • 1 more item(s)...
  • Exploration Costs
  • Capital Costs
    • Pre-2003 PSC terms
  • Cash Flow
  • Global Economic Model (GEM) file
  • Cash Flow

Tables and charts

This report includes the following images and tables:

  • Participation
  • Reserves (2P) at 01/01/2025
  • Production (2015-2024)
  • Production Profile: Liuhua 11-1/4-1
  • Production Profile: Liuhua 16-2/20-2/21-2
  • Exploration Costs 2015 to 2023 (US$ million)
  • Capital Costs Pre-2016 to 2024 (US$ million)
  • Operating Costs 2024 to 2033 (US$ million)
  • Cash Flow (US$)
  • PV Table (US$)
  • Summary Table (US$)
  • 12 more item(s)...

What's included

This report contains:

  • Document

    Liuhua Oil Fields

    XLS 950.50 KB

  • Document

    Liuhua Oil Fields

    PDF 2.55 MB