CNOOC Limited announced on Thursday that the Appomattox Field in the US Gulf of Mexico has safely commenced production ahead of schedule.
The company said in a press release that the Appomattox Field is located approximately 128 kilometers southeast of Louisiana in the deep-water Gulf of Mexico, with water depth of approximately 2,255 meters.
“Appomattox is the first commercial discovery now brought into production in the deep-water Gulf of Mexico Norphlet formation and has an expected peak production of 175,000 barrels of oil equivalent per day,” the release said.
The release quotes Mr. Yuan Guangyu, CEO of CNOOC Limited who commented, “We are very pleased with the commencement of production ahead of schedule, as well as the cost reduction that were achieved through optimization and innovation at Appomattox. Appomattox will become a new growth driver to our overseas production.”
CNOOC Petroleum Offshore U.S.A. Inc., a wholly owned subsidiary of CNOOC Limited, holds 21% interest in the Appomattox Field. Shell Offshore Inc. is the operator and holds 79% interest.
CNOOC Nexen is a 25 percent shareholder in Guyana’s offshore Stabroek Block for which 13 discoveries have been made. Production is set to commence in early 2020 at a rate of 120,000 barrels of oil per day. ExxonMobil Guyana is operator with a 45 percent interest and Hess holds 30 percent interest.