CNOOC Ltd starts Panyu flows

Output begins: For CNOOC Ltd at Panyu 10-2/5/8

Production already at 9000 bpd at one of four projects in Enping oil complex in South China Sea

CNOOC Ltd, the exploration and development arm of China National Offshore Oil Corporation, has begun output from one of four projects in a South China Sea oil complex.

The company has commenced production at Panyu 10-2/5/8 in the Enping oil complex in the eastern portion of the South China Sea, it revealed on Thursday.

Panyu is located in the Pearly River mouth basin in average water depths of around 100 metres. The three oilfields – Panyu 10-2, 10-5 and 10-8 – are designed to share facilities with the Panyu 4-2 field.

The main newly-built facility comprises one wellhead platform and nine producing wells.

“Currently there are four wells producing approximately 9000 barrels per day, and the project is expected to hit its peak production of approximately 13,000 bpd in 2015,” CNOOC Ltd said on Thursday.

The three other projects in the Enping oil complex are Huizhou 25-8, Enping 24-2 and Xijiang 24-3.

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