Asset Report
Luda Area
Report summary
The Luda Area cluster in the Bohai bay comprises several heavy oil fields, Luda 10-1, 4-2, 5-2, 27-2, 21-1, 5-2N and 6-2 etc. In recent years, CNOOC brought several fields on stream, such as Luda 21-1(2021), Luda 29-1(2021), Luda 6-2 (2021), Luda 5-2N (2022) and Luda 4-3 (2022).In 2023, CNOOC started a new phase for the ultra-heavy oil field Luda 5-2N with a new wellhead platform. Crude is transported through a 57-kilometre pipeline to shore.
Table of contents
- Key facts
- Summary
- Location maps
- Participation
- Geology
- Well data
- Reserves and resources
- Production
-
Development
- Luda 4-2/5-2/10-1 joint development
- Suizhong 36-1 Phase I & Luda 5-2 adjustment project
- Luda 27-2/32-2
- Luda 10-1 adjustment project
- Luda 16-3/16-3S/21-1 joint development
- Luda 5-2N phase II
- Thermal recovery techniques
- 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 22 images and tables including:
- Key facts: Table 1
- Index Map
- Luda Area Map
- Participation: Table 1
- Well data: Table 1
- Reserves and resources: Table 1
- Production: Table 1
- Production: Table 2
- Luda Fields Production Profile
- Exploration Costs
- Capital Costs
- Costs: Table 3
- Operating Costs
- 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 PV Price Sensitivities
What's included
This report contains:
Other reports you may be interested in
Asset Report
Shurtan Area
State-owned Uzbekneftegaz (UNG) operates the Shurtan Area, which is centred on the giant, albeit mature, Shurtan gas field and related ...
$3,100
Asset Report
Thailand/Cambodia Overlapping Claims Area
The Thai/Cambodia Overlapping Claims Area (OCA) is viewed as highly prospective, as it lies within the Pattani Basin, which has ...
$3,100
Asset Report
Gazli Area (Uzbekneftegaz)
State-owned Uzbekneftegaz (UNG) operates the Gazli Area, comprising the Gazli underground gas storage facility (UGS) and surrounding ...
$3,100