CNOOC starts up Pearl River Mouth basin oil field

CNOOC Ltd. said it has placed on production its 100% owned Wenchang 8-3E oil field in the western Pearl River Mouth basin offshore China.

Wenchang 8-3E is in 110-120 m of water and has four producing wells. It is expected to reach peak production within a year. CNOOC did not provide production rates.

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