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CNOOC switches on second independent South China Sea gas field in a week

01st December 2014

CNOOC has commenced natural gas production today from its Panyu 34-1/35-1/35-2 project in the South China Sea, a week after it launched production from its nearby Huizhou 25-8 Oilfield/Xijiang 24-3 Oilfield Xijiang 24-1 District Joint Development Project

CNOOC switches on second independent South China Sea gas field in a week
There are currently two wells producing approximately 21 million cubic feet of natural gas per day

Panyu 34-1/35-1/35-2 project is located in the Pearl River Mouth Basin of the South China Sea with the water depth in the range of 195-338 metres.

The project consists of three gas fields, namely Panyu 34-1, Panyu 35-1 and Panyu35-2.

The main production facilities include one comprehensive platform, two sets of underwater production system and 13 producing wells.

There are currently two wells producing approximately 21 million cubic feet of natural gas per day.

The project is expected to reach its ODP designed peak production of approximately 150 million cubic feet per day in 2015.

Panyu 34-1/35-1/35-2 is an independent project in which CNOOC holds 100 per cent interest.

Last Monda, 24 November, CNOOC announced the launch of its Huizhou 25-8 Oilfield/Xijiang 24-3 Oilfield Xijiang 24-1 District Joint Development Project, aslo in the South China Sea and independently owned.

Click here to read Oil & Gas Technologies recent analysis of China’s independent offshore growth.

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