CNOOC Limited announced Wednesday that the Kenli 10-4 oilfield, located in the South of Bohai, has commenced production.
There are currently six producing wells at Kenli 10-4 with an output total of approximately 6,540 barrels of crude oil per day. The oilfield is expected to reach peak production of approximately 9,600 barrels of oil per day this year.
Kenli 10-4 is situated in an average water depth of approximately 50 feet. In addition to fully utilizing existing facilities at the field, Kenli 10-4 also saw the development of one wellhead platform. CNOOC holds a 100 percent interest in Kenli 10-4.
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