Asset Report

Suizhong 36-1

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Suizhong 36-1 is a large heavy oil field in the Liaodong Bay area of the Bohai Gulf, around 46 kilometres off the coast. The crude has a gravity of 14 to 19° API. The field has been developed in two phases. Phase I commenced production in 1993 and phase II in 2000. Since 2009, CNOOC has been implementing water injection to deal with the rising water-cut. Chemical flooding has also been applied in the area around the central processing platform K since the early 2010s.

Table of contents

  • Key facts
    • Summary
    • Key issues
  • Location maps
  • Participation
  • Geology
  • Well data
  • Exploration
  • Reserves and resources
    • Pilot Production
    • Phase I
    • Phase II
    • Phase I - Areas A, B and J
    • Phase II
    • Adjustment projects
  • Infrastructure
  • Costs
  • Fiscal and regulatory
    • 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
  • Suizhong 36-1 Map
  • Participation: Table 1
  • Well data: Table 1
  • Reserves and resources: Table 1
  • Infrastructure: Table 1
  • 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 Present Value Price Sensitivities
  • Production: Table 1
  • Production: Table 2
  • Production Profile

What's included

This report contains:

  • Document

    Suizhong 36-1

    PDF 6.54 MB

  • Document

    Suizhong 36-1

    XLS 722.00 KB