07-01-2011

As the operator of Peng Lai 19-13 Oilfield, ConocoPhillips China (COPC) took immediate actions to address a recent oil sheen near its field in Bohai Bay, and activated response procedures.  Actions included the deployment of equipment and trained personnel to contain and clean-up the sheen. 

COPC notified the State Oceanic Administration and its co-venturer CNOOC Ltd., who have actively supported COPC's response. 

The source of the sheen has been contained and clean-up work is close to completion.   The work was performed under the supervision and guidance of supervisory authorities.

There have been no injuries and no reports of impact to wildlife, fishing, or shipping activities.

The cause of the sheen is under investigation.

About Peng Lai (PL) Field

Located in the 0.8-million-acre Block 11-05 in China's Bohai Bay, the Peng Lai 19-3 is one of China's largest offshore oilfields. The PL19-3 Oil Field was discovered in May 1999, through a joint effort of CNOOC Ltd. and ConocoPhillips. ConocoPhillips is the operator. Production of the PL 19-3 Oil Field began in December 2002.

Currently all (6) fixed platforms have been completed and are in operation and the new FPSO facility – Peng Bo FPSO (also named Hai Yang Shi You 117) started operation in May 2009.

ConocoPhillips holds a 49 percent interest and CNOOC Ltd. holds the remaining interest.