CNOOC starts production from Phase II of Suizhong 36-1

10/30/2013

CNOOC starts production from Phase II of Suizhong 36-1

HONG KONG -- CNOOC Limited has commenced production from Phase II of the Suizhong 36-1 oil field.

Suizhong 36-1 is located in the south region of Liaodong Bay in Bohai with an average water depth of about 30 m. Along with fully utilizing the existing producing facilities, the phase II adjustment project involved the construction of four new platforms.

The commencement of this project will further enhance the overall processing capability of the field and make the development of this field more effective. The adjustment project is expected to hit its peak production in 2014.

Suizhong 36-1 oil field is an independent oil field in which CNOOC holds 100% interest and acts as the Operator.

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