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

Oil Flows to Lag Even if Hormuz Strait Reopens

Pertamina Unit to Operate Indonesia’s Lavender Block under 30-Year PSC

Japan to Launch $10B Fund to Help Asia Secure Oil

Borr Drilling Expects Higher Activity as Rigs Return to Work

China Calls for De-Escalation as US Threatens Hormuz Blockade

Hormuz Crisis Signals New Era of Risk for Gulf Energy

Petra Energy Secures Work Orders from Petronas for Sarawak Gas Project

Oil Rises as Fragile Middle East Ceasefire Sustains Supply Risks

Fire at ONGC's Offshore Platform Injures 10, Operations Normalized

Russia’s Yamal LNG Resumes Shipments to China After Months-Long Gap

Current News

US-Israel War on Iran Creates Biggest Energy Crisis in History

Jadestone Secures Gas Sales Deal for Fields Offshore Vietnam

Oil Flows to Lag Even if Hormuz Strait Reopens

Eni Makes Major Gas Discovery Offshore Indonesia

Strike Threat Grows at Ichthys LNG after Workers Reject Deal

Pertamina Unit to Operate Indonesia’s Lavender Block under 30-Year PSC

MidEast Energy Output Recovery to Take Two Years, IEA Says

Metropolitan CCS Cleared to Drill CO2 Storage Wells off Japan

Saipem Bags $400M in Offshore Contracts from Aramco in Saudi Arabia

Toyo, OneSubsea Form Subsea CCS Partnership

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