CNOOC brings two offshore oil fields onto production

Offshore staff

HONG KONG – CNOOC Ltd. (NYSE:CEO) has started oil production from the Weizhou 11-2 and Weizhou 6-9/6-10 fields in the South China Sea’s Beibu Gulf.

Weizhou 11-2, in 35 m (115 ft.) water depth, has four producing wells and is expected to peak at 3,960 b/d this year.

Weizhou 6-9/6-10, in 32.5 m (107 ft.) water depth has nine producing wells and is expected to peak at 5,870 b/d this year.

CNOOC holds 100% interest in both fields.

10/18/2012