CNOOC’s Ultra-Deep Well in Bohai Bay Outperforms Target

Tuesday, July 16, 2024

China’s state-run China National Offshore Oil Corporation (CNOOC) has informed that its first ultra-deep well in Bohai Bay achieved ‘high yield’, outperforming the targets set earlier.

The Bozhong 19-6 condensate gas field D1 well, said to be the first ultra-deep well in Bohai Bay drilled to a depth of 6,088 meters, is producing 6,300 barrels of oil equivalent per day, according to CNOOC.

Bozhong 19-6 condensate gas field is located in central Bohai Bay, with an average water depth of about 20 meters. It contains proven oil and gas in place of more than 200 billion cubic meters of natural gas and more than 200 million cubic meters of oil, CNOOC claims.

“The high yield well further confirms the promising potential of offshore deep buried hill plays. The exploration and development of oil and gas resources in the deep plays is expected to accelerate. With the new production, the company is continuously bolstering its ability to supply clean energy to the Bohai Economic Rim,” said Sun Fujie, Vice President of CNOOC.

In 2020, 2023 and 2024, CNOOC has gradually brought on-stream Bozhong 19-6 Condensate Gas Field Pilot Area Development Project, Phase I Development Project and 13-2 Block 5 Well Site Development Project.

The gas field is currently producing approximately 37,500 barrels of oil equivalent per day.

Categories: Industry News Activity Production Asia Oil and Gas

Related Stories

Petronas Signs 20-year Charter Deal with MISC for Five LNG Carrier Newbuilds

Global Oil Supply to Fall Short of Demand as Iran War Goes On, IEA Says

QatarEnergy, TotalEnergies and ConocoPhillips Team Up on Syria Offshore Block

Brent Near $114 as Middle East Conflict Continues

Thailand Cancels Offshore Energy Exploration Pact with Cambodia

Indonesia’s Mako Gas Project on Track for First Gas in 2027

CNOOC’s First Quarter Profit Rises on Higher Oil Prices, Output

Technology as Enabler of Energy Security in Offshore Asia

Saipem Poised for Middle East Repair Work After Iran War

Valeura Charters Shelf Drilling’s Jack-Up Rig for Gulf of Thailand Ops

Current News

PV Drilling Secures Jack-Up Rig Deal from Zarubezhneft off Vietnam

Longitude to Integrate SynergenOG Following ABL Group Acquisition

Petronas Signs 20-year Charter Deal with MISC for Five LNG Carrier Newbuilds

Global Oil Supply to Fall Short of Demand as Iran War Goes On, IEA Says

Iraq, Pakistan Secure Oil Shipments via Hormuz with Iran Agreements

Norway O&G Revenue Forecast Jumps 30% for '26

QatarEnergy, TotalEnergies and ConocoPhillips Team Up on Syria Offshore Block

FOS Picks Incat Crowther to Design Fast CTV Fleet for Shell’s Brunei Ops

Dolphin Drilling Boosts Backlog with Harbour Energy Deal, Oil India Extension

Oil Prices Edge Higher Amid Uncertainty Over Iran Deal

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