CNOOC Ltd.'s WZ 12-1N well has come onstream and is producing more than 7,500 boe/d. WeiZhou (WZ) 12-1N is in the Beibu Gulf of the western South China Sea, 2 km north of the existing WZ 12-1 and 31 km from the Wei Zhou onshore processing terminal. The field shares production facilities with WZ 12-1, which helps improve cost performance and enhances economics of the field.

It is expected that WZ-12-1N will reach a peak production of 14,400 boe/d in 2005.

CNOOC is the operator with 100% interest in the field.

03/04/04