China’s state-owned CNOOC Ltd. (NYSE: CEO) said April 23 that the offshore Kenli 10-1 oil field began production.
The field is in 17 m of water in the south of Bohai.
Its main production facilities include one central processing platform, two wellhead platforms and 70 producing wells. Currently, 12 wells produce about 10,750 bbl/d of crude oil. The field is expected to reach its peak production of about 36 Mbbl/d in 2016.
CNOOC holds full interest in Kenli and is the operator.
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