Chinese oil company CNOOC announced Friday the start of oil production from the Nanbao 35-2 oil field S1 area in the Bohai Bay, off China.
Nanbao 35-2 oilfield S1 area is located in the central Bohai with average water depth of 17 meters.
"In addition to fully utilizing the existing facilities of Nanbao 35-2 oilfield, the major production facility includes 1 unmanned wellhead platform," CNOOC said Friday.
The company, which operates the project with 100% interest plans to drill a total of three development wells.
"The project is expected to reach its peak production of approximately 1,800 barrels of crude oil per day in 2021.
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