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Video: CNOOC hits Golden Eagle production milestone

CNOOC International has celebrated a production milestone from its Golden Eagle asset following an infill campaign earlier this year.

In June the Chinese NOC, formerly Nexen, completed the four-well campaign, and has released a new video to celebrate the work having so far produced enough energy to heat and power almost 500,000 homes in the UK for a year.

The CNOOC-operated Golden Eagle platform is located about 70 miles northeast of Aberdeen, and produced first oil in October 2014.

The fourth and final well of the campaign was brought online in June 2021, having kicked off the work in August 2020.

CNOOC said the campaign saw over nine miles drilled with no reportable HSE incidents. It was delivered 26 days ahead of schedule and £12 million under budget, the operator added.

The four wells, located in the central area of the field, exceeded subsurface expectations and added significant production, CNOOC said at the time.

CNOOC is the operating partner of Golden Eagle (36.54%), with Suncor Energy UK Limited (26.69%), NEO Energy Production UK Limited (31.56%) and ONE-Dyas UK Limited (5.21%) also holding interests in the field and its facilities.

In June, EnQuest announced it had secured a new £530 million debt facility which would enable it to complete the purchase of Suncor’s interest in the field for £240 million.

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