CNOOC Limited Announces Luda 6-2 Oilfield Commences Production
Tuesday 24 August 2021
CNOOC Limited (the “Company”, SEHK: 00883, NYSE: CEO, TSX: CNU) today announced that Luda 6-2 oilfield has commenced production ahead of schedule.
Luda 6-2 oilfield is located in Liaodong Bay of Bohai Sea, with average water depth of about 30 meters. In addition to fully utilizing the existing processing facilities of Suizhong 36-1 oilfield, the project has built a new central platform. A total of 38 development wells are planned, including 29 production wells, 8 water injection wells and 1 development and appraisal well. The project is expected to reach its peak production of approximately 10,000 barrels of crude oil per day in 2022.
CNOOC Limited holds 100% interest in Luda 6-2 Oilfield and acts as the operator.