CNOOC Discovers Deep-Water Gas in Bohai Bay
BEIJING - China National Offshore Oil Corp., known as CNOOC, said Thursday that it has discovered natural gas at a deep-water well after drilling more than 5,000 meters in northeastern Bohai Bay.
This is the first deep-water gas discovery in Bohai Bay, it said in a statement on its website, adding that it was a "technological breakthrough." The company didn't mention the volume of the discovery.
Five offshore oil discoveries were made in Bohai in the first three months of this year and the area will remain the company's major growth engine in the future, CNOOC Ltd. Chief Financial Officer Zhong Hua said in April.
WHAT DO YOU THINK?
Generated by readers, the comments included herein do not reflect the views and opinions of Rigzone. All comments are subject to editorial review. Off-topic, inappropriate or insulting comments will be removed.
- CNOOC 3Q Revenue Rises; Only Halfway To 2017 Spending Goal (Oct 25)
- CNOOC Completes Test Runs at Huizhou Refinery in Guangdong - Report (Oct 09)
- Exxon Mobil Bets on Brazil, Buys 10 Oil Blocks in Auction (Sep 28)