CNOOC Limited announced that the Buzzard Phase II development, offshore UK North Sea has safely commenced production. Buzzard Phase II is located approximately 100 kilometers northeast of Aberdeen, United Kingdom with average water depth of approximately 96 meters. While fully utilizing the existing Buzzard facility, the project has also built a set of underwater production systems. 2 production wells and 2 water injection wells have been brought on stream. Buzzard Phase II is expected to reach its peak production of approximately 12,000 barrels of oil equivalent per day in 2022, increasing Buzzard’s production to 80,000 BOEPD in total.Subsea 7 has been working collaboratively with AGR Well Management, Baker Hughes, COSL Drilling Europe AS and Worley, as part of a supply chain alliance, to deliver CNOOC Petroleum Europe Limited’s Buzzard Phase II development, which commenced production on Monday 22 November. The alliance was formed to offer an integrated and outcome-focused approach for the development. The alliance and CPEL have worked collaboratively to safely achieve first oil within the sanctioned budget and ahead of the revised schedule, which was significantly impacted by COVID-19. The work was carried out across a range of onshore and offshore worksites including the Buzzard asset, Rosenberg Worley's fabrication yard in Stavanger, Subsea 7’s bundle fabrication site near Wick, various Subsea 7 construction vessels and COSL Drilling Europe’s 6th generation semi-submersible drilling rig, COSL Pioneer.CNOOC Petroleum Europe Limited, a wholly owned subsidiary of CNOOC Limited, is the operator of Buzzard and has 43.21% interest. The remaining interests are held by Suncor Energy (29.89%), Harbour Energy (21.73%) and ONE-Dyas (5.16%).
CNOOC Limited announced that the Buzzard Phase II development, offshore UK North Sea has safely commenced production. Buzzard Phase II is located approximately 100 kilometers northeast of Aberdeen, United Kingdom with average water depth of approximately 96 meters. While fully utilizing the existing Buzzard facility, the project has also built a set of underwater production systems. 2 production wells and 2 water injection wells have been brought on stream. Buzzard Phase II is expected to reach its peak production of approximately 12,000 barrels of oil equivalent per day in 2022, increasing Buzzard’s production to 80,000 BOEPD in total.Subsea 7 has been working collaboratively with AGR Well Management, Baker Hughes, COSL Drilling Europe AS and Worley, as part of a supply chain alliance, to deliver CNOOC Petroleum Europe Limited’s Buzzard Phase II development, which commenced production on Monday 22 November. The alliance was formed to offer an integrated and outcome-focused approach for the development. The alliance and CPEL have worked collaboratively to safely achieve first oil within the sanctioned budget and ahead of the revised schedule, which was significantly impacted by COVID-19. The work was carried out across a range of onshore and offshore worksites including the Buzzard asset, Rosenberg Worley's fabrication yard in Stavanger, Subsea 7’s bundle fabrication site near Wick, various Subsea 7 construction vessels and COSL Drilling Europe’s 6th generation semi-submersible drilling rig, COSL Pioneer.CNOOC Petroleum Europe Limited, a wholly owned subsidiary of CNOOC Limited, is the operator of Buzzard and has 43.21% interest. The remaining interests are held by Suncor Energy (29.89%), Harbour Energy (21.73%) and ONE-Dyas (5.16%).
