BEIJING, Oct 26 (Reuters) - China's offshore oil and gas specialist CNOOC Ltd 0883.HK reported on Wednesday a 15.2 percent fall in third-quarter oil and gas sales revenue, hurt by weaker prices. its unaudited operational results, CNOOC said oil and gas sales in July-September fell to 30.7 billion yuan ($4.54 billion), as total net production fell 7.7 percent to 117.7 million barrels of oil equivalent.
The state-controlled firm said its realized oil prices during the quarter fell 13.5 percent over a year earlier to $42.26 a barrel and its natural gas prices dropped 18.6 percent in the same period.
"To cope with the low oil price environment, company continued to lower costs, enhance efficiency and cut capital expenditure," the firm said in a statement to the stock exchange.
CNOOC's Hong Kong-listed share prices are up 30 percent so far in 2016, outperforming the broader Hang Seng Index .HSI , which has gained 6.5 percent in the same period.
The company had reported in August a net loss of 7.74 billion yuan for the first half of the year. ($1 = 6.7688 Chinese yuan renminbi)