CNOOC Limited announced that two new oil fields, Weizhou 11-2 and Weizhou 6-9/6-10, successfully commenced production.
Weizhou 6-9/6-10 oil field is located in Beibu Gulf in the South China Sea with an average water depth of about 107 feet (32.5 meters). The development and production operations of this oil field primarily rely on the facilities of its surrounding oil fields. Currently with 9 producing wells, Weizhou 6-9/6-10 is expected to hit its peak production of approximately 5,870 barrels per day in 2013.
Weizhou 11-2 and Weizhou 6-9/6-10 are both independent oil fields. The Company holds 100% interest and acts as the Operator of these two oil fields.
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