Lishui 36-1 Gas Field Starts Production

abarrelfullabarrelfull wrote on 28 Aug 2014 12:36
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July 29, 2014

CNOOC Limited (the “Company”, NYSE: CEO, SEHK: 00883, TSX: CNU) announced today that the Lishui 36-1 gas field has commenced production.

Lishui 36-1 gas field is located 150 kilometres away from Wenzhou city Zhejiang province, with an average water depth of approximately 84 meters. The gas field has 4 producing wells, and its primary production facilities include a comprehensive platform and a processing terminal.

CNOOC Limited has 51% working interest in Lishui 36-1 gas field and acts as the operator, while its partners, Primeline Energy China Limited and Primeline Petroleum Corporation, hold the remaining 36.75% and 12.25% working interest, respectively.


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