HONG KONG -- CNOOC Ltd.'s Bo Zhong (BZ) 34-1 oilfield in Bohai Bay in northeastern China has successfully come onstream two months ahead of schedule. More than 4,800 b/d of oil are currently being produced from seven wells.
The development facilities of BZ 34-1 include one central platform and one wellhead platform.
According to the ocean drilling program plan, there are more than 20 producing wells in BZ34-1, and other wells will come onstream in 2008. The peak production of the field is expected to reach 12,000 b/d of oil.