CNOOC: Production starts at Weizhou 6-12 oil field

Source:CNOOC

CNOOC Limited (SEHK: 00883, NYSE: CEO) has announced that Weizhou 6-12 oil field has recently commenced production.

Weizhou 6-12 oil field is located in Beibu Gulf Basin in the north part of the South China Sea with an average water depth of about 29.2 meters. The project has 10 producing wells and is expected to hit its peak production in 2013.

CNOOC holds 51% interest and acts as the Operator of Weizhou 6-12 oil field. The partners of this oil field are Roc Oil (China) Company, Horizon Oil (Beibu) Ltd (including Petsec Petroleum LLC) and Oil Australia Pty Ltd.

 

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...

Latest PennEnergy Jobs

PennEnergy Oil & Gas Jobs