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2015-03-09 19:05:00

CHINA ANNOUNCES START

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

Tags: CHINA, CNOOC, OIL, CHEVRON
CHINA ANNOUNCES START October, 15, 12:30:00

OIL PRICE: NEAR $81 ANEW

CHINA ANNOUNCES START October, 15, 12:25:00

BAD BOYS: IMF & WBG

CHINA ANNOUNCES START October, 15, 12:20:00

U.S. - CHINA NUCLEAR POLICY

CHINA ANNOUNCES START October, 15, 12:15:00

U.S. - CHINA NUCLEAR SANCTIONS

CHINA ANNOUNCES START October, 15, 12:10:00

IRAN SANCTIONS DOWN

CHINA ANNOUNCES START October, 15, 12:05:00

IRAN - S.KOREA OIL DOWN ANEW

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Chronicle:

CHINA ANNOUNCES START
2018, October, 15, 12:01:00

GAZPROM - SHELL: BALTIC LNG

GAZPROM - The parties discussed relevant issues related to bilateral cooperation, including the Baltic LNG project. Emphasis was placed on the priority measures aimed at developing a joint design concept (pre-FEED).

CHINA ANNOUNCES START
2018, October, 15, 12:00:00

U.S. RIGS UP 11 TO 1,063

BHGE - U.S. Rig Count is up 11 rigs from last week to 1,063, with oil rigs up 8 to 869, gas rigs up 4 to 193, and miscellaneous rigs down 1 to 1. Canada Rig Count is up 13 rigs from last week to 195, with oil rigs up 8 to 127 and gas rigs up 5 to 68.

CHINA ANNOUNCES START
2018, October, 12, 11:40:00

OIL PRICE: NEAR $81

REUTERS - Brent crude futures had risen $1.02 cents, or 1.3 percent, to $81.28 a barrel by 0637 GMT. The contract dropped 3.4 percent on Thursday following sharp falls in equity markets and indications that supply concerns have been overblown. U.S. West Texas Intermediate (WTI) crude futures were up 80 cents, or 1.1 percent, at $71.77 a barrel, after a 3 percent fall in the previous session. WTI is on track for a 3.5 percent drop this week.

CHINA ANNOUNCES START
2018, October, 12, 11:35:00

OIL PRICES 2018 - 19: $74 - $75

EIA - Brent crude oil spot prices averaged $79 per barrel (b) in September, up $6/b from August. EIA expects Brent spot prices will average $74/b in 2018 and $75/b in 2019. EIA expects West Texas Intermediate (WTI) crude oil prices will average about $6/b lower than Brent prices in 2018 and in 2019.

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