Chinese offshore oil and gas major CNOOC has started producing gas from the Liuhua 29-2 field in the eastern part of the South China Sea, the state-owned company said May 6.
The field is located 300 km (186.41 miles) southeast of Hong Kong, with a water depth of about 750 m.
The new project will share the existing production facilities of the Liwan 3-1 gas field and other deepwater gas fields, CNOOC said.
It is expected to reach peak production of about 41 million cubic feet of natural gas per day in 2021.
CNOOC wholly owns the project.
Callon Petroleum and Carrizo Oil & Gas said Dec. 20 that shareholders from both companies voted to approve its pending merger, which had initially faced shareholder opposition.
The appointment completes the transformation Appalachian shale gas giant it undertook after the company’s former management team was replaced last year following an activist investor takeover led by Toby Z. Rice.
Robertson joins audit committee and is the sixth independent director of eight on the board.