CNOOC Reports Deep Gas Discovery
China National Offshore Oil Corporation announced a high yield gas well discovery in the Bohai Sea. The well reached a depth of over 5700 meters and produced significant natural gas volumes during testing.
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CNOOC LTD-H drilled an ultra-deep well producing 800,000 cubic meters of Natural Gas daily in China's Bohai Sea. The well reached a total depth of 5,770 meters, uncovering 120 meters of gas-bearing pay zones within volcanic formations near the Bozhong Sag. The discovery opens a new exploration play to support regional energy targets.
