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CNOOC starts production at South China Sea oilfield, targeting 10,000 barrels daily by 2026.
CNOOC Limited has started production at the Weizhou 5-3 Oilfield in the South China Sea, aiming for a daily output of about 10,000 barrels of oil by 2026.
The project, with a 51% interest held by CNOOC and 49% by Smart Oil Investment Ltd., features a self-installing wellhead platform that uses nearby facilities.
It plans to operate 10 development wells to achieve its production goals.
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CNOOC comienza la producción en el campo petrolero del Mar del Sur de China, con el objetivo de 10.000 barriles diarios para 2026.