on october 26, cnooc limited announced that enping 18-6 oilfield development project has commenced production. the project is located in the pearl river mouth basin of the south china sea, with an average water depth of approximately 99 meters. the main production facilities include one wellhead platform, with 15 development wells planned to be put into production. it is expected to achieve a peak production of approximately 9,300 barrels of crude oil per day in 2024. cnooc limited holds 100% interest in the project and acts as the operator. |