CNOOC Ltd. has commenced production at Luda 21-2/16-3 regional development project, the company said on July 20.

Luda 21-2/16-3 regional development project is located in Liaodong Bay of Bohai Sea, about 39 km north of Luda 10-1 oil field and 90 km northwest of Suizhong 36-1 onshore terminal. The average water depth of the regional development project is about 25 m. The project has built on central platform, three wellhead platforms and one production adjective platform. A total of 69 development wells are planned. The project is expected to reach its peak production of approximately 25,600 barrels of crude oil per day in 2022.

CNOOC Ltd. holds 100% interest of Luda 21-2/16-3 regional development project.