CNOOC Ltd.

HONG KONG, Dec. 15, 2014 /CNW/ - CNOOC Ltd. (the "Company", NYSE: CEO, SEHK: 00883, TSX: CNU) today announced that its Liuhua 34-2 gas field has commenced production. The Liuhua 34-2 gas field is located in the Eastern South China Sea with the water depth in the range of 850 to 1,250 meters. The gas field consists of one producing well and shares the existing facilities of Liwan 3-1 gas field for overall development. The [...]

HONG KONG, Dec. 10, 2014 /CNW/ - CNOOC Ltd. (the "Company", NYSE: CEO, SEHK: 00883, TSX: CNU) announced today that its parent company, China National Offshore Oil Corporation ("CNOOC"), has signed three production sharing contracts (PSCs) with KUFPEC (China) Inc. ("KUFPEC") for Blocks 52/22?52/26 and 63/13 in the South China Sea. The three blocks mentioned above are located in the Yinggehai Basin of the South China Sea [...]

HONG KONG, Dec. 8, 2014 /PRNewswire/ -- CNOOC Ltd. (the "Company", NYSE: CEO, SEHK: 00883, TSX: CNU) announced today that the company has started producing bitumen from Kinosis 1A (K1A), a new steam-assisted gravity drainage (SAGD) facility. The K1A project, located approximately 12 kilometers south of the Long Lake SAGD and upgrader in Alberta, Canada, consists of steam-generating equipment, well pad facilities, 37 well [...]

HONG KONG, Dec. 1, 2014 /CNW/ - CNOOC Ltd. (the "Company", NYSE: CEO, SEHK: 00883, TSX: CNU) announced today that its Panyu 34-1/35-1/35-2 project commenced production. 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 meters. The project consists of three gas fields, namely Panyu 34-1, Panyu 35-1 and Panyu35-2. The main production [...]

HONG KONG, Nov. 24, 2014 /CNW/ - CNOOC Ltd. (the "Company", NYSE: CEO, SEHK: 00883, TSX: CNU) announced today that the Huizhou 25-8 Oilfield/Xijiang 24-3 Oilfield Xijiang 24-1 District Joint Development Project has commenced production. This project is located in the Pearl River Mouth Basin of the South China Sea with an average water depth of approximately 100 meters. The main production facilities include 2 drilling [...]

HONG KONG, Nov. 19, 2014 /CNW/ - CNOOC Ltd. (the "Company", NYSE: CEO, SEHK: 00883, TSX: CNU) announced that the Company made a mid-sized new discovery Lufeng14-4 in the Eastern South China Sea. The Lufeng14-4 structure is located in Lufeng Sag in the Pearl River Mouth Basin of the South China Sea with an average water depth of 145 meters. The discovery well Lufeng14-4-1 was drilled and completed at a depth of 4,098 [...]

HONG KONG, Nov. 3, 2014 /CNW/ - CNOOC Ltd. (the "Company", NYSE: CEO, SEHK: 00883, TSX: CNU) announced that the Golden Eagle Area Development (GEAD) in the UK North Sea commenced production. The GEAD includes development of the Golden Eagle, Peregrine and Solitaire fields. The fields are located in blocks 20/1S, 20/1N and 14/26a of the North Sea, and are located 70km northeast of Aberdeen, with an average water depth [...]

HONG KONG, October 29, 2014 /PRNewswire/ -- CNOOC Ltd. (the "Company", NYSE: CEO, SEHK: 00883, TSX: CNU) today announced its key operational statistics for the third quarter of 2014. In the third quarter, the Company achieved total net production of 103.0 million barrels of oil equivalent ("BOE"), basically flat year-on-year (YoY). Production growth in Bohai offshore China remained steady, while overseas production fell [...]

HONG KONG, Oct. 29, 2014 /PRNewswire/ -- CNOOC Ltd. (the "Company", NYSE: CEO, SEHK: 00883, TSX: CNU) today announced its key operational statistics for the third quarter of 2014. In the third quarter, the Company achieved total net production of 103.0 million barrels of oil equivalent ("BOE"), basically flat year-on-year (YoY). Production growth in Bohai offshore China remained steady, while overseas production fell [...]

HONG KONG, Oct. 24, 2014 /CNW/ - CNOOC Ltd. (the "Company", NYSE: CEO, SEHK: 00883, TSX: CNU) announced that the Company made a mid-to-large new discovery Jinzhou 23-2 in Bohai. Jinzhou 23-2 structure is located in the north part of Liaodong Uplift of Bohai with an average water depth of about 10 meters. The well Jinzhou 23-2-3 is drilled and completed at a depth of 1,097 meters and encountered oil and gas pay zones with [...]