CNOOC Limited announced that the Lishui 36-1 gas field has commenced production.
Lishui 36-1 gas field is located 150 km from Wenzhou city Zhejiang province, with an average water depth of approximately 84 m. The gas field has four producing wells, and its primary production facilities include a comprehensive platform and a processing terminal.
CNOOC Limited has 51% working interest in Lishui 36-1 gas field and acts as the operator, while its partners, Primeline Energy China Limited and Primeline Petroleum Corporation, hold the remaining 36.75% and 12.25% working interest, respectively.
On May 2, the China’s CNOOC placed its deep sea drilling rig HD-981 in disputed waters south of the Paracel Islands. Vietnam objected to the placement.