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Sinochem’s first block of crude from its Oudna oilfield loaded

Date:2007-01-24 Source:Sinochem Group

On Dec.24th-25th, Sinochems 549,513 barrels of equity oil from its OUDNA oilfield was loaded and than shipped to Exxon Mobils refinery in Italy.

 

Oudna oilfield is Atlantiss assets. And Atlantis, in turn, was purchased by Sinochem in 2003. Sinochem now holds 50% of interests in Oudna and started its development in 2005. On Mar.28th, 2006, Oudna-3 has its well test and got the high-yield oil flow. On Nov.12th, Oudna was formally put into operation. The per day output since than gradually climbed to 20,000 barrels and become quite stable since the beginning of Dec.