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China National Offshore Oil Corporation

China National Offshore Oil Corporation (CNOOC) has started production from the Enping 24-2 oil field, which is located in the Pearl River Mouth basin in the South China Sea. The average water depth of the field ranges from 86 m to 96 m and main facilities include one drilling and production platform; a floating production, storage, and offloading vessel; and 17 producing wells. Currently there are two wells producing a total of approximately 8,000 BOPD. CNOOC holds 100% interest in the field and expects it to reach peak production of 40,000 BOPD by 2017.


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