ROC Pumps Oil at Zhanghai Block Offshore China
by SubseaIQ
|
Roc Oil Co. Ltd. | Thursday, August 25, 2011 | 4:12 AM EST
Roc Oil has commenced production from the first appraisal well drilled in the new Zhanghai block.
On July 15, the ZD CP2N-H1 appraisal well commenced drilling from the Zhao Dong C4 platform, intersecting 1,017 feet (310 meters) of horizontal reservoir section. The well was completed, and production commenced, through existing C4 facilities, at an initial rate of 3,546 bopd. Roc will now drill a second appraisal well during 2012.
Additionally, PetroChina exercised its rights under the PSC to assist with a 51% interest in the blocks. The interests in the two, new additional, blocks are PetroChina 51%, Roc 39.2% and Sinochem 9.8%. The Zhao Dong Block is located in Bohai Bay, offshore China
continue reading the full article
SubseaIQ provides focused, in-depth coverage of offshore field development activities around the world, with daily updates on hundreds of offshore fields and facilities. Click here to sign up for the free weekly email newsletter.
RELATED COMPANIES
MORE FROM THIS AUTHOR
SubseaIQ
Field Development Updates
Field Development Updates
Most Popular Articles
- How Likely Is an All-Out War in the Middle East Involving the USA?
- Rooftop Solar Now 4th Largest Source of Electricity in Australia
- US Confirms Reimposition of Oil Sanctions against Venezuela
- EU, Industry Players Ink Charter to Meet Solar Energy Targets
- Analyst Says USA Influence on Middle East Seems to be Fading
- Russian Ships to Remain Banned from US Ports
- Brazil Court Reinstates Petrobras Chair to Divided Board
- EIB Lends $425.7 Million for Thuringia's Grid Upgrades
- Var Energi Confirms Oil Discovery in Ringhorne
- Seatrium, Shell Strengthen Floating Production Systems Collaboration
- An Already Bad Situation in the Red Sea Just Got Worse
- What's Next for Oil? Analysts Weigh In After Iran's Attack
- USA Regional Banks Dramatically Step Up Loans to Oil and Gas
- EIA Raises WTI Oil Price Forecasts
- How Likely Is an All-Out War in the Middle East Involving the USA?
- Venezuela Authorities Arrest Two Senior Energy Officials
- Namibia Expects FID on Potential Major Oil Discovery by Yearend
- Oil Markets Were Already Positioned for Iran Attack
- Is The Iran Nuclear Deal Revival Project Dead?
- Petrobras Chairman Suspended
- Oil and Gas Executives Predict WTI Oil Price
- An Already Bad Situation in the Red Sea Just Got Worse
- New China Climate Chief Says Fossil Fuels Must Keep a Role
- Oil and Gas Execs Reveal Where They See Henry Hub Price Heading
- Equinor Makes Discovery in North Sea
- Macquarie Strategists Warn of Large Oil Price Correction
- DOI Announces Proposal for Second GOM Offshore Wind Auction
- Standard Chartered Reiterates $94 Brent Call
- Chevron, Hess Confident Embattled Merger Will Close Mid-2024
- Analysts Flag 'Remarkable Feature' of 2024 Oil Price Rally