On September 28, CNOOC Limited announced that Jinzhou 25-1 oilfield 6/11 area has commenced production.

Jinzhou 25-1 oilfield 6/11 area is located in central Liaodong Bay in Bohai with average water depth of 22.5 meters. In addition to fully utilizing the existing facilities of Jinzhou 25-1 oilfield and Jinzhou 25-1S oilfield, 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 Limited holds 100% interest of Jinzhou 25-1 oilfield 6/11 area.

About CNOOC

China National Offshore Oil Corporation (SEHK: 00883, NYSE: CEO, TSX: CNU), the largest offshore oil and gas producer in China, is a mega government owned company operating directly under the State-owned Assets Supervision and Administration Commission of the State Council of the People's Republic of China.