Asset Report

Weizhou Area

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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

  • Weizhou 10-3/10-3N
  • Weizhou 11-4/11-4N
  • Weizhou 12-1/12-1N
  • Others
  • Exploration Costs
  • Capital Costs
  • Operating Costs
  • Cash Flow
  • Global Economic Model (GEM) file
  • Cash Flow
  • Indicative Technical Valuations
  • Summary
  • 1 more item(s)...

Tables and charts

This report includes the following images and tables:

  • Pipeline Summary
  • Exploration Costs 2016 to 2024 (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$)
  • Split of Revenues
  • Cumulative Net Cash Flow - Undiscounted
  • Cumulative Net Cash Flow - Discounted at 10% from 01/01/2025
  • Remaining Present Value Price Sensitivities
  • Indicative Technical Valuations

What's included

This report contains:

  • Document

    Weizhou Area

    XLS 790.50 KB

  • Document

    Weizhou Area

    PDF 2.00 MB