Luda 5-2N

Location

The Luda 5-2N oilfield is located in the Bohai Bay, specifically within the Luda Cluster, which is part of the Liaodong Bay area in the Bohai Sea, China.

Water Depth

The Luda Cluster, where the Luda 5-2N oilfield is situated, has an average water depth of about 32 meters, similar to other fields in the area.

Operational Status

While the source does not provide a specific start date for the Luda 5-2N oilfield, it mentions that several fields within the Luda Cluster have commenced operations recently. For example, the Luda 6-2 oilfield achieved its first oil in August 2021, and the Luda 5-2 oilfield north phase I project began operations in April 2022.

Development Details

• The Luda 5-2 oilfield, which includes the Luda 5-2N, is part of a broader development within the Luda Cluster. The Luda 5-2 north phase I project involved the construction of one thermal recovery wellhead platform and one production adjective platform.

Production and Wells

• Although specific details for Luda 5-2N are not provided, the Luda 5-2 north phase I project is expected to include a total of 28 development wells, including 26 production wells and 2 water source wells. This project is anticipated to produce around 8,200 barrels of crude oil per day at peak.

Operator

The Luda 5-2N oilfield, like other fields in the Suizhong 36-1/Luda 5-2 area, is fully owned and operated by China National Offshore Oil Corporation (CNOOC).

Geology and Reserves

The Luda Cluster, including the Luda 5-2N oilfield, features multiple heavy oil fields. The Suizhong 36-1 Oilfield, which is part of the same broader area, has a geological oil reserve of more than 300 million tonnes and produces heavy oil with a crude gravity of 14 to 19° API. While specific reserve details for Luda 5-2N are not mentioned, it is likely to have similar geological characteristics given its location within the same cluster.

Production Targets and Future Development

The broader Suizhong 36-1/Luda 5-2 Oilfield Secondary Adjustment and Development Project, which includes the Luda 5-2N field, aims to further tap the oilfield potential and contain the decline in production. This project involves a total of 118 development wells, including 81 production wells and 37 water injection wells, and is expected to reach a production level of 30,300 barrels of crude oil per day by 2025.