China’s CNOOC Limited (NYSE: CEO, SEHK: 883) said its new well Wei Zhou (WZ) 12-1N has come on stream and is producing more than 7,500 BOE per day. WZ 12-1N is located in the Beibu Gulf of the Western South China Sea, about 2 kilometers north of the existing WZ 12-1 and 31 kilometers to…