About
Panyu Field, Block 15/34 (Offshore), China
Operator: CNOOC Ltd. (51.0%)
Co-venturers: ConocoPhillips (24.5%), Devon Energy (24.5%)
ConocoPhillips holds a 24.5 percent working interest in Block 15/34 in the South China Sea. This block contains three oil fields, Panyu 4-2, Panyu 5-1 and Panyu 11-6, operated by CNOOC Ltd., which produced 12 MBD net crude oil in 2008. [1]
