China’s CNOOC Starts Liuhua 29-2 Natural Gas Field Production

China’s CNOOC Starts Liuhua 29-2 Natural Gas Field Production
MEDITERRANEAN SEA, ISRAEL – MARCH 28: In this handout image provided by Albatross, The Tamar drilling natural gas production platform is seen some 25 kilometers West of the Ashkelon shore on March 28, 2013 in Israel. The offshore Tamar drilling site which was originally dispatched from a shipyard in Texas at the end of last year is due to start producing natural gas next week. Over the past few years Israel has suffered from a shortage in natural gas, but with the new platform that weighs 34,000 tons and will be mainly operated by Israelis, the US company Nobel Energy which owns a 36% stake in Tamar, hopes to change Israel’s energy situation as well as the economy as a whole. (Photo Photo by Albatross via Getty Images)

CNOOC Limited has started natural gas production from Liuhua 29-2 field in the eastern South China Sea, according to CNOOC’s press release.

The Liuhua 29-2 natural gas field is located 300 kilometers southeast of Hong Kong in a water depth of approximately 750 meters. A new subsea wellhead has been built, with one development well planned, which in turn will help utilizing the existing production facilities of Liwan 3-1 natural gas field and other deep-water natural gas fields.

CNOOC Limited expected that the field will reach peak production of approximately 41 million cubic feet of natural gas per day (mmcf/d) in 2021. The company is the operator of Liuhua 29-2 natural gas field and owns 100% interest of it.

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