The China National Offshore Oil Corp. Ltd., the country's largest offshore oil producer, announced on January 14 the operation of the Liuhua 19-5 Gas Field.
The gas field is expected to hit its peak production of 29 million cubic feet per day within the year, a company press release said.
The project is located in the Pearl River Estuary Basin of the South China Sea with an average water depth of about 185 meters.
It was designed to share the existing production facilities of the Panyu 30-1 Gas Field. Two new producing wells have also been drilled. |