CNOOC begins Enping 24-2 field production

Offshore staff

HONG KONGCNOOC Ltd. (NYSE: CEO, SEHK: 00883, TSX: CNU) reports that its Enping 24-2 oil field has begun production.

The Enping 24-2 oil field is located in the Pearl River Mouth basin of the South China Sea with average water depths of 86 m (282 ft) to 96 m (315 ft). The main production facilities include one drilling and production platform, one FPSO, and 17 producing wells. Currently there are two wells producing 8,000 boe/d, and the project is expected to reach its peak production of 40,000 boe/d in 2017.

CNOOC holds 100% interest in, and acts as operator of Enping 24-2.

10/13/2014

Did You Like this Article? Get All the Energy Industry News Delivered to Your Inbox

Subscribe to an email newsletter today at no cost and receive the latest news and information.

 Subscribe Now

Whitepapers

Logistics Risk Management in the Transformer Industry

Transformers often are shipped thousands of miles, involving multiple handoffs,and more than a do...

Secrets of Barco UniSee Mount Revealed

Last year Barco introduced UniSee, a revolutionary large-scale visualization platform designed to...

The Time is Right for Optimum Reliability: Capital-Intensive Industries and Asset Performance Management

Imagine a plant that is no longer at risk of a random shutdown. Imagine not worrying about losing...

Going Digital: The New Normal in Oil & Gas

In this whitepaper you will learn how Keystone Engineering, ONGC, and Saipem are using software t...