![offshore oil rig](/sites/default/files/styles/hart_news_article_image_640/public/image/2023/10/offshore-oil-rig-platform.jpg?itok=ZRETUH1C)
Offshore oil rig. (Source: Shutterstock)
CNOOC Ltd. began production at its Enping 18-6 oil field, the company announced Oct. 26.
The Enping 18-6 field is in the Pearl River Mouth Basin of the South China Sea in an average water depth of 99 m.
The main production facilities include one wellhead platform, with 15 development wells planned to be put into production. It is expected to achieve a peak production of 9,300 bbl/d in 2024, according to the company.
CNOOC holds 100% interest in the project and acts as the operator.
About a month ago, CNOOC’s Lufeng 12-3 field began production.
Recommended Reading
Despite 2Q Earnings Miss, Kinder Morgan Plans Gas Capacity Growth
2024-07-18 - Kinder Morgan's second quarter earnings fell short of expectations due to recent low gas prices, but remains bullish on natural gas demand and is moving ahead on projects in the Southeast U.S. and Williston Basin.
Exxon's Joliet Refinery Units Down for a Week, Plans for Restart in Late July, IIR Says
2024-07-17 - A severe storm passed through Joliet earlier this week, leaving thousands without power.
DC Appeals Court Sends Louisiana LNG Permit Decision Back to FERC
2024-07-17 - The Washington D.C. Court of Appeals' decision follows a railroad dispute headed to the Supreme Court this fall.
BP Energy Outlook: Oil Demand Diminishes, NatGas, LNG a Wildcard
2024-07-16 - BP’s energy outlook presents a view at current trends for energy use through 2025 and a net zero case, which would require a history-defying shift from adding fuel sources to substituting them.
Post-Beryl: US LNG Exports Down While Tankers Await Freeport LNG’s Reopening
2024-07-15 - Partial restart on Freeport LNG is anticipated later this week. Meanwhile, the port itself remained closed July 15 to LNG tankers and others with drafts of more than 39 ft.