CNOOC Confirms Third Oilfield Discovery with 100 Million Tons of Reserves in Southern Bohai Sea

Thursday, March 2, 2023

Chinese oil company CNOOC Limited has informed it has discovered the Bozhong 26-6 oilfield in the Bohai Sea, off China, saying the discovery "brings another hundred million tons of reserves."

Bozhong 26-6 oilfield is located in the south of the Bohai Sea, with an average water depth of 22 meters. 

The main oil-bearing play is Archean buried hill and the oil property is light crude. The discovery well BZ26-6-2 was drilled and completed at a depth of 4,480 meters, which encountered a total of 321.3 meters oil pay zones. The well was tested to produce an average of approximately 2,040 barrels of crude oil and 11.45 million cubic feet of natural gas per day, CNOOC said.

Xu Changgui, Deputy Chief Exploration Engineer of the Company, said, "Bozhong 26-6 oilfield is the third oilfield discovery with hundred million tons of reserves in southern Bohai Sea after Kenli 6-1 and Kenli 10-2. It is identified as the largest metamorphic buried hill oilfield in China. The discovery demonstrates the broad prospect of exploration for subtle buried hills in the Bohai Sea, providing important guidance for exploration in similar basins."

Zhou Xinhuai, CEO of the Company, said, "Bohai Sea has been one of the targeted areas of exploration for the Company. We will keep looking for mid-to-large sized oil and gas fields and continue to discover new momentum for offshore oil and gas developments, helping to fortify the resource foundation for the high-quality and sustainable development of the company."

Categories: Energy Drilling Industry News Activity Asia Discoveries

Related Stories

CIP Reaches Financial Close for Offshore Wind Farm in Taiwan

Jadestone Submits Field Development Plan for Assets Off Vietnam

ORE Catapult and Japan’s FLOWRA to Jointly Advance Floating Wind

Shell Hires Noble’s Drillship for Work in Southeast Asia

China Unveils Plans for New Offshore Wind Farms to Tackle Carbon Emissions

Sapura Energy Nets $720M from Multiple Drilling Services Contracts

RINA to Conduct Pre-FEED Study for Petronas’ CCS Project in Malaysia

Petronas Awards PSCs for Nine Fields and One Exploration Block off Malaysia

Sunda Energy Closing in on Jack-Up Deal for Chuditch-2 Appraisal Well

Harbour Energy, Mubadala Sign Deals for Central Andaman Block Off Indonesia

Current News

Fire at Petronas Gas Pipeline in Malaysia Sends 63 to Hospital

Japan’s ENEOS Xplora, PVEP Ink Deal for Vietnam Offshore Block

CNOOC Makes Major Oil and Gas Discovery in South China Sea

Valeura’s Assets in Gulf of Thailand Remain Operational After Earthquake

Op-Ed: Kazakhstan’s National O&G Firm Positioning Itself as Global Energy Player

Woodside to Shed Some Trinidad and Tobago Assets for $206M

CNOOC Sees 11% Profit Growth in 2024 Driven by Record Oil Production

‘Ultra-Mega’ Offshore Deal for L&T at QatarEnergy LNG’s North Field Gas Scheme

Keel Laying for Wind Flyer Trimaran Crew Boat

MODEC Gets Shell’s Gato do Mato FPSO Ops and Maintenance Job

Subscribe for AOG Digital E‑News

AOG Digital E-News is the subsea industry's largest circulation and most authoritative ENews Service, delivered to your Email three times per week

https://accounts.newwavemedia.com