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China National Offshore Oil Corp. (CNOOC)

China National Offshore Oil Corp. (CNOOC) has begun production from the Enping 23-1 oil fields in the Pearl River Mouth Basin of the South China Sea. The Enping 23-1 development program will fully use the existing facilities of the Enping 24-2 oil field and involves three other Enping oil fields in a joint project. Three wells are producing 5,600 B/D, and the overall project is expected to reach peak production of 24,800 B/D in 2018. The company is the sole interest owner in the fields.


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