CNOOC announces start of Hangingstone in Canada

Source: CNOOC Limited

The oil and gas project is expected to reach its peak production rate of approximately 20,000 barrels of bitumen per day in 2018.

CNOOC Limited has announced that the Hangingstone project in Canada has already commenced production.

The Hangingstone project, located in Alberta, Canada, consists of steam-generating equipment, well pad facilities, 32 well pairs, water treatment and bitumen flowlines. The oil and gas project is expected to reach its peak production rate of approximately 20,000 barrels of bitumen per day in 2018.

NEXEN Energy ULC, a wholly owned subsidiary of CNOOC Limited, has a 25% working interest in Hangingstone Project, while Japan Canada Oil Sands Limited (JACOS) holds the remaining 75% working interest and acts as the operator.

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

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...

Maximizing Operational Excellence

In a recent survey conducted by PennEnergy Research, 70% of surveyed energy industry professional...

Leveraging the Power of Information in the Energy Industry

Information Governance is about more than compliance. It’s about using your information to drive ...

Latest PennEnergy Jobs

PennEnergy Oil & Gas Jobs