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To: Goose94 who wrote (94357)9/28/2020 6:52:58 AM
From: Goose94Read Replies (1) | Respond to of 203382
 
CNOOC (CNU-T) Jinzhou 25-1 oil field 6/11 peak production of approx. 16,500 barrels of crude oil per day in 2023.

Sept 28, '20 - NR

CNOOC Ltd.'s Jinzhou 25-1 oil field 6/11 area has commenced production.

Jinzhou 25-1 oil field 6/11 area is located in central Liaodong Bay in Bohai with average water depth of 22.5 metres. In addition to fully utilizing the existing facilities of Jinzhou 25-1 oil field and Jinzhou 25-1S oil field, the project has built one eight-legged wellhead platform. A total of 19 production wells and 10 water injection wells are planned. It is expected to reach the peak production of approximately 16,500 barrels of crude oil per day in 2023.

CNOOC holds 100-per-cent interest of Jinzhou 25-1 oilfield 6/11 area.

More information about the Company is available at http://www.cnoocltd.com/.


For further enquiries, please contact:

Ms. Jing Liu
Manager, Media & Public Relations
CNOOC Limited
Tel: +86-10-8452-3404
Fax: +86-10-8452-1441
E-mail: mr@cnooc.com.cn

Ms. Ada Leung
Hill+Knowlton Strategies Asia
Tel: +852-2894-6225
Fax: +852-2576-1990
E-mail: CNOOC@hkstrategies.com