Comments() 
Print 
Mail 
Large Medium SmallBEIJING -- China National Offshore Oil Corp Ltd, China's largest offshore oil producer, said Thursday that production has started at two of the company's newest oil fields in the South China Sea.
One of the fields now has four wells in operation with a peak daily output of 3,960 barrels, CNOOC said in a statement.
The other field currently has nine operational wells and is expected to achieve a peak daily output of 5,870 barrels in 2013, the statement said.
The company aims to meet a production target of 330 to 340 million barrels of oil equivalent this year.
Production in the first half totaled 160.9 million barrels, down 4.6 percent year-on-year, according to the company's semi-annual report.
Copyright 1995 - 2010 . All rights reserved. The content (including but not limited to text, photo, multimedia information, etc) published in this site belongs to China Daily Information Co (CDIC). Without written authorization from CDIC, such content shall not be republished or used in any form. Note: Browsers with 1024*768 or higher resolution are suggested for this site.
License for publishing multimedia online 0108263 Registration Number: 20100000002731 
