CNOOC Makes Two Discoveries in Bohai Bay

CNOOC Limited announced that the Company has made two new exploration discoveries Bozhong 8-4 and Kenli 10-4 in Bohai Bay, off China.

Bozhong 8-4 is located in the west slope of Bozhong Sag in Bohai, with an average water depth of about 92 feet (28 meters). The discovery well Bozhong 8-4-4 was drilled and completed at a depth of 6,437 feet (1,962 meters) and encountered oil pay zones and gas reservoir with a total thickness of about 164 feet and 36 feet (50 meters and 11 meters), respectively. During the test period, oil production at the well was around 660 barrels per day. 

Kenli 10-4 is located in the south slope of Laizhou Bay Sag in Bohai, with an average water depth of about 49 feet (15 meters). The discovery well Kenli 10-4-1 was drilled and completed at a depth of 7,858 feet (2,395 meters) and encountered oil pay zones with a total thickness of about 148 feet (45 meters). During the test period, oil production at the well was around 2,800 barrels per day.

Zhu Weilin, executive vice president of the Company and general manager of Exploration Department commented, “The successful discovery of Bozhong 8-4 and KL 10-4 has extended our effective exploration activities in Bohai and further proven the rich oil and natural gas resources in this area.”

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