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
- Key facts
-
Summary and key issues
- Summary
- Location maps
- Participation
- Geology
- Well data
- Reserves and resources
- Production
-
Development
- 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
- Luda 4-2 adjustment project
- Thermal recovery techniques
- Costs
- Fiscal and regulatory
-
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 22 images and tables including:
- Key facts: Table 1
- Index Map
- Luda Area Map
- Participation: Table 1
- Well data: Table 1
- Reserves and resources: Table 1
- Production: Table 1
- Production: Table 2
- Luda Fields Production Profile
- Exploration Costs
- Capital Costs
- Costs: Table 3
- Operating Costs
- 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 01/01/2025
- Remaining Revenue Distribution (Discounted at 10% from 01/01/2025)
- Remaining PV Price Sensitivities
What's included
This report contains:
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