OREANDA-NEWS. September 24, 2014. CNOOC Limited announced that its Enping 24-2 oilfield has commenced production.

Enping 24-2 oilfield is located in the Pearl River Mouth Basin of the South China Sea with an average water depth of approximately 86 - 96 m. The main production facilities include one drilling and production platform, one floating production storage and offloading unit (FPSO) and 17 producing wells.

Currently there are 2 wells producing approximately 8000 barrels of crude oil per day, and the project is expected to reach its peak production of approximately 40,000 bpd in 2017.

Enping 24-2 is an independent oilfield which the company holds 100% interest and acts as the operator.