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ConocoPhillips, CNOOC agree on depressurization plan for Penglai 19-3 field

09/19/2011
CNOOC Ltd. approved a fluid discharge and depressurization plan from operator ConocoPhillips China Inc. regarding oil spill response efforts in Penglai 19-3 oil field in Bohai Bay, and the plan was submitted to the State Oceanic Administration of China. The government previously halted drilling and production at the field following two incidents in June. Since June 19, less than 1 bbl of oil has been released, ConocoPhillips said, adding that the total volume released is an estimated 700 bbl of oil and 2,589 bbl of mineral oil-based drilling mud. On June 4, seepage was observed on the seabed along a natural fault near Platform B. Oil and gas bubbles were observed on the surface June 17 ne...
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