Subsea Production: News for Oil & Gas and Hydrocarbon Industries  Membership Services »
Gulf Oil and Gas grow your business
Home News Events Projects Tenders Unconventionals Community | My Account
Products and vendors Services and providers Jobs

ROC Updates Operations on Zhao Dong Production

Source: www.gulfoilandgas.com 6/8/2010, Location: Asia

Share |

Roc Oil (Bohai) Company, a wholly owned subsidiary of ROC, advises that Zhao Dong oil field production is currently averaging over 24,000 BOPD and total year-to-date production to 31 May was approximately 2.5 MMBBL.

Despite the production downtime caused by severe winter weather and sea-ice conditions in the Bohai Bay during 1Q 2010, production is still expected to meet the budget target of over 7 MMBBL for the year.

Following a delayed start due to the severe winter weather, the planned 2010 development drilling programme is underway with 6 of the planned 24 wells completed within budget and now contributing over 5,000 BOPD to current production. To mitigate the delayed start, parallel drilling operations on the C4 platform and the Zhao Dong platform are taking place to accelerate the programme and deliver earlier production. Several well workovers and pump change-outs have also been completed to improve the performance of existing wells.

Preparations are in progress for the construction of the gas pipeline from Zhao Dong to shore. The commencement of gas sales is planned for 4Q 2010.

Participating interests in Zhao Dong C and D and ERA Oil Fields are: Roc Oil (Bohai) Company (Operator): 24.5%, PetroChina Company Limited: 51.0% and New XCL-China LLC: 24.5%.

Participating interests in the unitised C-4 field are: Roc Oil (Bohai) Company (Operator): 11.58%, PetroChina Company Limited: 76.85% and New XCL-China LLC: 11.58%.

Subsea Production News in China >>

China Economy in December 2014
China >>  12/18/2014 - Chinese economic activities continue to lose momentum. Fixed investment, industrial production, retail sales and new loan growth all slowed in October...
2H Offshore to Deliver Conductor-Supported Platform to Malaysia
Malaysia >>  12/16/2014 - 2H Offshore, an Acteon company, will deliver a lightweight conductor-supported platform for EQ Petroleum Developments Malaysia Sdn Bhd for installatio...

Russia Economy in December 2014
Russia >>  12/15/2014 - In November 2014, the ruble experienced its steepest depreciation since January 2009. It fell nearly 13% last month compared to the US dollar. This me...
Swiber Wins $710 Million EPCIC Contract in West Africa
Singapore >>  12/15/2014 - Swiber Holdings Limited (Swiber), a leading global provider of integrated offshore construction and support services to the oil and gas industry, has ...

India Oil Trade in December 2014
India >>  12/11/2014 - In October, India’s crude imports declined by 46 tb/d or 1% from the previous month to average 3.7 mb/d, showing an annual gain of 108 tb/d or 3%. Ind...
China Oil Demand in November 2014
China >>  12/10/2014 - In China, oil demand growth in September 2014 remained solid. The structure of Chinese oil demand was characterized by high LPG demand for the petroch...



Related Categories: Diving Contractors  Dredging  FPSO Vessels and Equipment  General  Marine Services  Mooring Systems  Offshore Platforms  Subsea Production 

Related Articles: Diving Contractors  Dredging  FPSO Vessels and Equipment  General  Marine Services  Mooring Systems  Offshore Platforms  Subsea Production 


China Oil & Gas 1 >>  2 | 3 | 4 | 5 | 6 | 7 | 8 | 9 | 10 | 11 |

More News

Oil & Gas Projects in China >>

Oil & Gas Companies in China >>

Related Links

Countries Quick Links

AZ BD BN CN GE ID IN IR JP KR KZ MM MN MY PG PH PK RU SG TH TJ TM TW UA UZ VN
Gulf Oil and Gas B2B marketplace:   About -  Advertising -  Competitive Intelligence -  Talent Solutions -  Membership Services Follow us on Facebook
Copyright © Universal Solutions All rights reserved. Privacy Policy. - Contact Us  Gulfoilandgas rss feed