CNOOC brings WZ 11-1 online

Ltd. has brought the Wei Zhou (WZ) 11-1 in the Western South China Sea onstream. The field's single well is producing over 2,100 b/d of oil. WZ 11-1 is expected to see 7,200 b/d at peak production.

Offshore staff

Hong Kong -- CNOOC Ltd. has brought the Wei Zhou (WZ) 11-1 in the Western South China Sea onstream. The field's single well is producing over 2,100 b/d of oil. WZ 11-1 is expected to see 7,200 b/d at peak production.

WZ11-1 lies near producing fields WZ11-4 and WZ12-1 in water depth ranging from 30 to 40 m (131 ft) .

"Marginal fields such as WZ11-1 can be commercialized by sharing facilities with surrounding oil fields," says Liu Jian, executive vice president. "Previously, the company already successfully developed WZ6-1, another marginal field adjacent to WZ11-1, in the same way."

CNOOC Ltd. holds 100% interests of WZ11-1.

7/20/2007

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