On September 10, CNOOC Limited announced that Nanbao 35-2 oilfield S1 area has commenced production. 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. A total of 3 development wells are planned. The project is expected to reach its peak production of approximately 1,800 barrels of crude oil per day in 2021. CNOOC Limited holds 100% interest of Nanbao 35-2 oilfield S1 area.
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