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CNOOC gas field starts production in South China Sea
(Xinhua)
Updated: 2009-09-07 23:06 BEIJING: China National Offshore Oil Company Limited (CNOOC Ltd.) said Monday that a gas field of the company in the South China Sea has commenced production with a current daily output of 30,000 cubic feet. The gas field, dubbed as Ledong (LD) 22-1, is solely owned by CNOOC Ltd..
LD 15-1 will commence production later this year in order to match the customer needs said the company. Peak production of LD 22-1 and LD 15-1 is expected to reach around 150 million cubic feet a day. Incorporated in Hong Kong, CNOOC Ltd. is a listed subsidiary of China National Offshore Oil Corporation, China's largest offshore oil producer. |