China's CNOOC Ltd said on Monday that it made a large-sized discovery in Bohai Bay offshore China.
Located in the Laizhou Bay in southern Bohai basin, the Kenli 6-1 discovery is expected to produce around 1,178 barrels of oil per day, the company said in a statement.
The Kenli 6-1 structure is located in Laibei lower uplift in southern Bohai basin with an average water depth of about 19.2 meters. The discovery well KL6-1-3 was drilled and completed at a depth of 1,596 meters, and encountered oil pay zones with a total thickness of approximately 20 meters.
The find has proved the huge exploration potential of the Neogene lithologic reservoir in the Laizhou Bay, CNOOC said.
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