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March 29, 2010

CNOOC Fields Start Production

China's CNOOC said two of its independent oilfields located off the coast of China have started production. The Wei Zhou 11-1 East field in the South China Sea has three wells online and is expected to hit a peak production of more than 3,000bpd within the year, the company said.

By cms admin

China’s CNOOC said two of its independent oilfields located off the coast of China have started production.

The Wei Zhou 11-1 East field in the South China Sea has three wells online and is expected to hit a peak production of more than 3,000bpd within the year, the company said.

The BoZhong 3-2, which is located in Bohai Bay and made up of seven producing wells, is expected to reach a peak production of 4,800bpd this year.

The state-owned oil company holds a 100% interest and is operator of both fields.

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