Chinese Cnooc Reports Major Bohai Find
China's Cnooc has reported a "large-sized" oil and gas discovery in the Bohai bay area, it reported on February 22
The Bozhong 13-2 structure is situated in waters just above 23 m deep, Cnooc said. The company drilled the BZ13-2-2 well to a depth of 5,223 m, encountering oil pay zones with a 346-m thickness. The well test-flowed at a rate of 1,980 barrels of oil/day and 5.25mn ft3/d of natural gas.
"The successful exploration of Bozhong 13-2 structure is another remarkable exploration achievement for the company to continuously enhancing its efforts in oil and gas exploration and production in offshore China," Cnooc commented.
The discovery comes after Cnooc brought on stream the Bozhong 19-6 gas and condensate field in the Bohai bay in October last year. Bozhong 19-6 is tied to the Bozhong 13-1 oilfield and has a design capacity of 35.3mn ft3/d of gas and 5,720 b/d of oil. The following month, Cnooc and Toronoto-listed Husky Energy started up the Liuhua 29-1 gas field in the south China Sea.