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CNOOC starts production at BD gas field in Indonesia.

International Resource News-August 1, 2017--CNOOC starts production at BD gas field in Indonesia

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International Resource News - 01 August 2017

CNOOC Limited (SEHK: 00883)(NYSE: CEO)(TSX: CNU), a China-based producer of offshore crude oil and natural gas, has started production at the BD gas field in Indonesia.

The BD gas field is situated in Madura Strait at a water depth of around 55 meters. Main production facilities included one unmanned wellhead platform, one FPSO and four production wells. Presently, the gas field has two wells in production and its gas and condensate sales production is around 7,200 barrels oil equivalent per day. The gas field is likely to reach its Overall Development Program designed peak production of around 25,500 BOE per day in 2018.

Husky-CNOOC Madura Limited is the operator of the Production Sharing Contract for the BD gas field. Husky and CNOOC Limited each hold a 40 percent interest in HCML, while the remaining 20 percent interest is held by Samudra Energy.

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Publication:International Resource News (IRN)
Geographic Code:9INDO
Date:Aug 1, 2017
Words:194
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