Asset Report
Luda Area
*Please note that this report only includes an Excel data file if this is indicated in "What's included" below
Report summary
The Luda Area cluster in the Bohai bay comprises several heavy oil fields, Luda 10-1, 4-2, 5-2, 27-2, 21-1, 5-2N and 6-2 etc. In recent years, CNOOC brought several fields on stream, such as Luda 21-1(2021), Luda 29-1(2021), Luda 6-2 (2021), Luda 5-2N (2022) and Luda 4-3 (2022).In 2023, CNOOC started a new phase for the ultra-heavy oil field Luda 5-2N with a new wellhead platform. The company has also been carrying out adjustment projects to contain oil decline. CNOOC started an adjustment ...
Table of contents
- Summary
-
Key Issues
- Luda 4-2/5-2/10-1 joint development
- Suizhong 36-1 Phase I & Luda 5-2 adjustment project
- Luda 27-2/32-2
- Luda 10-1 adjustment project
- Luda 16-3/16-3S/21-1 joint development
- Luda 5-2N phase II
- Thermal recovery techniques
- Exploration Costs
- Capital Costs
- Operating Costs
- Cash Flow
- Global Economic Model (GEM) file
- Cash Flow
Tables and charts
This report includes the following images and tables:
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Index MapLuda Area MapParticipation
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Reserves (2P) at 01/01/2026Production (2015-2024)Luda Fields Production ProfileExploration Costs 2017 to 2025 (US$ million)Capital Costs Pre-2016 to 2024 (US$ million)Operating Costs 2025 to 2034 (US$ million)Cash Flow (US$)PV Table (US$)
- 5 more item(s)...
What's included
This report contains:
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