Kenli 16-1 is a producing conventional oil field located in shallow water in China and is operated by CNOOC. According to GlobalData, who tracks more than 34,000 active and developing oil and gas fields worldwide, Buy the profile here.

Field participation details

The field is owned by China National Offshore Oil.

Production from Kenli 16-1

The Kenli 16-1 conventional oil field recovered 11.55% of its total recoverable reserves, with peak production in 2022. The peak production was approximately 7.50 thousand bpd of crude oil and condensate. Based on economic assumptions, production will continue until the field reaches its economic limit in 2048.

Remaining recoverable reserves

The field is expected to recover 21.08 Mmboe, comprised of 21.08 Mmbbl of crude oil & condensate.

About CNOOC

CNOOC Ltd (CNOOC), a subsidiary of China National Offshore Oil Corp, is an upstream oil and gas company. It carries out the exploration, development, production, and sale of crude oil and natural gas. The company operates major oil fields in Bohai, Western South China Sea, Eastern South China Sea and the East China Sea. It operates either independently or in cooperation with foreign partners through production sharing contracts. In overseas, the company holds interests in oil and natural gas blocks in Asia-Pacific, Europe, Middle East and Africa and the Americas. CNOOC is headquartered in Beijing City, Beijing, China.

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GlobalData

GlobalData, the leading provider of industry intelligence, provided the underlying research used to produce this article.

This information is drawn from GlobalData’s Oil & Gas Intelligence Center, which provides detailed profiles of 34,000+ oil and gas fields, 400,000+ exploration blocks, 1,100+ LNG terminals, 3,400+ gas processing plants, 5,000+ storage terminals, and 8,000+ pipelines, 1,400+ refineries and 13,000+ petrochemical plants worldwide.