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The project has already drilled 5 producing wells and 5 injectors. These wells will produce up to 150,000 bbl of crude oil, 6 MMcm of natural gas and inject 220,000 bbl of water per day.
HONG KONG, June 1, 2023 /PRNewswire/ CNOOC Limited ("the Company", SEHK: 00883, SSE: 600938) announces today that Buzios5 Project has commenced production safely. Buzios oilfield is located in the Santos Basin, southeast offshore of Brazil, with a water depth of 1,900 to 2,200 meters. It is the largest deep-water pre-salt oilfield in the world, with a daily production.