CNOOC starts oil production at Panyu 11-5 field in South China Sea
CNOOC Ltd. started oil production from Panyu 11-5 field in the Pearl River Mouth basin of the South China Sea.
A single well is producing 3,270 b/d in 110 m of water. The company expects peak production of 3,900 b/d later this year.
CNOOC said it is using facilities of the Panyu 5-1 oil field and that three horizontal wells have been drilled.
CNOOC has 100% interest (OGJ Online, July 31, 2014).