CNOOC Commences First Oil at Kenli 3-2 Fields in Southern Bohai Bay
CNOOC Limited, China's third largest state-owned oil and gas company, announced Monday that first production has commenced at its Kenli 3-2 oil fields offshore China.
The Kenli 3-2 oil fields, which are located in the southern Bohai Sea, east of China, consist of Kenli 3-2, Bozhong 34-6/7, southern part of Bozhong 29-4 and Bozhong 35-2 oilfields. Water depths in the area are approximately 65.6 feet (20 meters).
Primary production facilities at the Kenli 3-2 oil fields include seven offshore platforms and one onshore oil processing terminal, with CNOOC estimating that peak production of the oil fields at around 35,000 barrels per day.
The company holds 100 percent interest of the oil fields.
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