CNOOC: Production Starts from Wenchang 8-3E Oil Field (China)

China’s CNOOC Limited announced today that Wenchang 8-3E oil field has recently commenced production.

Wenchang 8-3E oil field is located in the western Pearl River Mouth Basin with an average water depth of about 110-120 meters. The project has 4 producing wells and is expected to reach its peak production within the year.

Wenchang 8-3E is an independent oil field in which the Company holds 100% interest and acts as the Operator.