Beibu Gulf, WZ6-12 & WZ12-8

Asset overview - Beibu Gulf Development and Production Areas
Location Beibu Gulf, offshore China
Two development and production areas totalling 76.2km2: WZ 6-12 and WZ 12-8 West.
Operator CNOOC Limited (development and production)
Roc Oil (China) Company (exploration and appraisal)
JV partners and interests
Field Development & Production Exploration & Appraisal
CNOOC Limited 51.0% 0%
Roc Oil (China) Company 19.6% 40%
Horizon Oil (Beibu) Limited &
Horizon Oil (Nanhai) Limited 
26.95% 55%
Oil Australia Pty Ltd (Majuko)

2.45%                    5%

Producing oil from ten wells from the WZ 6-12 platform and eight wells from the WZ 12-8 platform.The development incorporates two remote wellhead platforms and one joint processing platform, which are connected by bridge to the CNOOC WZ 12-1A platform complex and utilise existing water injection and oil and gas processing facilities.

There are two undeveloped oil accumulations in the development areas: WZ 12-8 East and WZ 12-3..  The WZ12-8E development project is in the final stage prior to FID.

First production Production commenced in March 2013 with production reaching forecast rates.

Reservoirs range from Eocene-aged fluvial-lacustrine sandstones of the Luishagang Formation, to Miocene-aged Jiaowei shallow marine sandstones, and the Oligocene-aged Weizhou sandstones.

Oil quality varies from light to heavy quality, low to medium viscosity, with some waxy crude.

The Block is in an area of known oil fields. The nearest producing field is Wei 12-1 (production from Weizhou Formation), 1,800m from the original Block 22/12 boundary.  The Wei 12-1 field includes a well which yielded one of the highest oil flows encountered anywhere in China: 34,000 BOPD. 


In 2002, ROC farmed into offshore Block 22/12 with 25% interest, drilled a well and discovered the Wei 6-12 oil field.  ROC acquired operatorship and increased its equity to 40%.

In 2004, ROC drilled an appraisal well on the Wei 12-8 East oil field which confirmed the presence of oil but indicated that the oil was viscous so commercial development would not be straightforward.

In 2006, the drilling of the Wei 6-12S-1 exploration well made a significant oil discovery which was appraised by four wells.

Following the formal end to the exploration period for Block 22/12 on 30 September 2008, the Wei 6-12, Wei 6-12S and Wei 12-8 oil fields were declared development areas.

In 2Q 2010 CNOOC elected to participate for its full 51% share in the development, reducing ROC's share to 19.6%.

The Overall Development Plan (ODP) was completed in 2010 and Final Investment Decision was reached in February 2011.  CNOOC assumed operatorship of the project in 2Q 2011 and all project approvals were obtained by 4Q 2012.

In 2013 the Beibu Gulf development project completed, with a fifteen well drilling programme completed safely and within budget.  Ten development wells were drilled from the WZ 6-12 platform and five development wells from the WZ 12-8 platform.

Drilling in 2014 secured undeveloped areas and allowed boundary expansion. A successful discovery in the Wei 12-8 Mid area (WZ12-10-2) was integrated into the Beibu Project. An appraisal well was completed for production and tied into the WZ12-8W production system in late 2015.

Cumulative oil production reached lower tariff tier of 2.21 million m³ (13.9mmbo) on 10 January 2017.

Two infill wells were drilled at WZ12-8W in 2018 and brought onto production.

A successful appraisal well was drilled near the WZ6-12 field in 2019.  This discovery requires further technical work to determine full extent of accumulation size and possible upside.

An ODP for WZ12-8E was finalized by CNOOC in early 2019.  This development project is in the final stage prior to FID.