CHINA ANNOUNCES START

CNOOC Limited today announced that its Qinhuangdao 32-6 comprehensive adjustment project has commenced production.

The Qinhuangdao 32-6 oilfield is located at the central north of Bohai Bay with an average water depth of approximately 20 meters. The main production facilities of Qinhuangdao 32-6 comprehensive adjustment project include 4 platforms and 99 producing wells. This project is fully on-stream and expected to reach its ODP designed peak production of approximately 36 thousand barrels per day in 2015.

CNOOC Limited has 75.5% working interest in Qinhuangdao 32-6 comprehensive adjustment project and acts as the operator, while its partner, Chevron China Energy Company holds the remaining 24.5% working interest.

pennenergy.com