CNOOC Limited Announces Key Operational Statistics for Q1 2021
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HONG KONG, April 22, 2021 /PRNewswire/ -- CNOOC Limited (the "Company", SEHK: 00883,NYSE: CEO, TSX: CNU) today announced its key operational statistics for the first quarter of 2021.
The Company achieved a total net production of 137.7 million barrels of oil equivalent ("BOE") for the first quarter of 2021, representing an increase of 4.7% year-over-year ("YoY"). Among which, it was mainly attributable to production growth from the commencement of new projects, such as Liuhua16-2/20-2 and Lvda16-3/21-2, net production from China increased by 8.7% YoY to 94.7 million BOE. For the new projects planned this year, Caofeidian 6-4 oilfield has commenced production, and other projects progressed as scheduled.