The first phase of the field commenced production successfully in October 2004. It is producing about 20,000 barrels of oil per day from 79 wells. For the first phase, major production facilities include a single point mooring system (SPM), a floating production, storage and offloading facility (FPSO) and B/E/D platforms.
The second phase of the development project, was designed to produce more than 15000 barrels of oil during its peak production period. Platform A is projected to come on stream in 2006.
Mr. Zhou Shouwei, President of the Company commented, "We are pleased to see the project commenced production on schedule. It will strengthen Bohai Bay's core position among our portfolio. "
CNOOC limited acts as the operator of BZ25-1/25-1S, with an interest of 83.8 percent.
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