China’s CNOOC Hits ‘High Yield’ Well in in Beibu Gulf

Tuesday, July 23, 2024

China's state-owned oil and gas firm China National Offshore Oil Corporation (CNOOC) has encountered a high yielding well in Beibu Gulf, which produces daily over 1,000 cubic meters of oil equivalent.

Wushi 16-5 structure is located in Wushi Sag, Beibu Gulf, with an average water depth of approximately 25 meters.

The appraisal well WS16-5-4 was drilled and completed at a depth of 4,185 meters, encountering a total of 65 meters oil pay zones.

The well was tested to produce over 1,000 cubic meters of oil equivalent per day, the first well of such productivity in Wushi Sag.

The discovery is expected to become a medium-sized oilfield. By far, the total proved oil in-place of Wushi oilfields has exceeded 100 million cubic meters.

“CNOOC has been pushing forward the rolling exploration in the surrounding area of Wushi oilfields for years with leading technologies. The successful well proves the promising exploration potential in the mature area of Wushi Sag, which will guide our rolling exploration activities in offshore China,” said Xu Changgui, Chief Geologist for CNOOC.

Categories: Industry News Activity Production Asia Oil and Gas

Related Stories

Shell Launches Next Phase of Malaysia's Deepwater Project with First Oil Production

CNOOC Brings Online Second Phase of Luda Oil Field Project in Bohai Sea

Six New Gas Wells in Line for BP’s Shah Deniz Field in Caspian Sea

ONGC and BP Sign Deal to Boost Production at India's Largest Offshore Oil Field

Petronas Preps for Sabah-Sarawak Gas Pipeline Decom Op

BP to Help Boost Oil and Gas Output at India’s Largest Producing Field

CNOOC’s South China Sea Oil Field Goes On Stream

QatarEnergy Signs Deal with Shell for Long-Term LNG Supply to China

Valeura Boosts Production at Jasmine Field with Five New Wells Now Onstream

Seatrium and Cochin Shipyard Form Alliance to Deliver India’s Jack-Up Rigs

Current News

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

EnerMech Names APAC Regional Chief

CIP Reaches Financial Close for Offshore Wind Farm in Taiwan

Jadestone Submits Field Development Plan for Assets Off Vietnam

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