CNOOC restarted LH 11-1 oilfield production
CNOOC Ltd, the Chinese state-owned top offshore oil and gas producer, announced yesterday that its independent oilfield “Liu Hua” (LH) 11-1 in the Eastern South China Sea has successfully restarted production. The LH 11-1 oilfield operates steadily and produces about 23 thousand barrels of crude oil per day at present.
Last May, LH 11-1 oilfield suspended production due to the strike of typhoon “Chan Chu” and some production facilities were seriously damaged. The oilfield restarted production on a temporary basis in June this year and all the 25 suspended wells successfully restarted production during the trial period.
After that, CNOOC Ltd. organized designers, manufacturers, and installation contractors to scheme for the LH 11-1 oilfield re-producing. Seven advanced techniques for refloatation were adopted in order to guarantee the scheme of restart production.
Moreover, the scheme complies with the company’s HSE (health, safety, and environment) standards.
The Company Chairman and CEO Fu Chengyu said the re-producing of LH 11-1 oilfield can ensure the total production target in 2007 and increase revenue because of the high oil price.
LH 11-1 oilfield started production in April, 1996.
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