Asset Report
Weizhou Area
Report summary
The Weizhou fields represent a significant source of oil production for operator CNOOC Ltd from the Western South China Sea. Early development started in early-1980s, as Weizhou 10-3/10-3N were brought on stream. This was followed by the startup of Weizhou 11-4 and Weizhou 12-1 in 1993 and 1999, respectively.
Table of contents
- Key facts
- Summary
- Location maps
- Participation
- Well data
- Reserves and resources
- Production
-
Development
- Key Development Metrics
- Weizhou 10-3/10-3N
- Weizhou 11-4/11-4N
- Weizhou 12-1/12-1N
- Others
- Weizhou 11-2, 11-4N, 12-1W and 12-2 development project
- Weizhou 6-13
- Infrastructure
-
Costs
- Exploration Costs
- Capital Costs
- Operating Costs
-
Fiscal and regulatory
- Special Oil Levy (Windfall Profit Tax)
-
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 23 images and tables including:
- Key facts: Table 1
- Index Map
- Weizhou Area Map
- Participation: Table 1
- Well data: Table 1
- Reserves and resources: Table 1
- Production: Table 1
- Production: Table 2
- Production Profile
- Infrastructure: Table 1
- 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 01/01/2020
- Remaining Revenue Distribution (Discounted at 10% from 01/01/2020)
- Remaining Present Value Price Sensitivities
- Costs: Table 1
- Costs: Table 2
- Costs: Table 3
- Costs: Table 4
What's included
This report contains:
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