February 2015, Vol. 242, No. 2

Projects

Liuhua 34-2 Gas Field Commences Production

CNOOC Limited recently began production from its Liuhua 34-2 gas field in the Eastern South China Sea. The field is located in water depths ranging from 850 to 1,250 meters and consists of one producing well and shares the existing facilities of Liwan 3-1 gas field for overall development. The gas field is producing approximately 30 MMcf/d and is expected to reach its designed peak production of approximately 45 MMcf/d in 2015.

CNOOC Limited has a 51% working interest in Liuhua 34-2 gas field, while Husky Oil China Limited holds the remaining 49% working interest and acts as the operator.