CNOOC Ltd. said that the Luda 10-1 comprehensive adjustment project has commenced production.
The Luda 10-1 oil field is located in Liaodong Bay of Bohai with an average water depth of about 30 m. In addition to fully utilizing the existing facilities of Luda 10-1, this adjustment project also has built one wellhead platform. There are currently 13 producing wells producing approximately 3,300 barrels of crude oil per day, CNOOC said in the release.
The project is expected to reach its designed peak production of about 6,000 barrels of crude oil per day in 2016.
The Luda 10-1 is an independent oil field in which CNOOC holds 100% interest and acts as the operator.
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