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7/26/2010 - CNOOC COMMENCES PRODUCTION FROM BZ 29-4
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CNOOC Limited reveals that BZ 29-4, an independent oil field in the Bohai Bay, has commenced production successfully.
BZ 29-4 oil field, with an averaged water depth of about 72 FSW (22 MSW), is located in the south part of Bohai Bay. The field’s development and production operation will mainly rely on the facilities of the producing field BZ 28-2S. BZ 29-4 is projected to peak its daily production at 7,800 barrels within 2010.
CNOOC Ltd holds 100% interest in the field and acts as operator.
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