CNOOC Starts Production from Kenli 3-2 Oil Fields

CNOOC Limited announced that its Kenli 3-2 oilfields have commenced production.

The Kenli 3-2 oilfields, located in the southern Bohai Sea, consists of Kenli 3-2, Bozhong 34-6/7, southern part of Bozhong 29-4 and Bozhong 35-2 oilfields.

The average water depth is approximately 20 meters. The primary production facilities include 7 offshore platforms and 1 onshore oil processing terminal.

The peak production of the oilfields is estimated around 35,000 barrels per day.

The Company holds 100% interest of the oilfields.

Press Release, May 12, 2014; Image: CNOOC