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CNOOC makes large oil discovery in Bohai Bay

CNOOC makes large oil discovery in Bohai Bay

Beijing, March 17 - Neftegaz.RU.Chinese oil and gas company CNOOC Limited has made a large-sized discovery Kenli 6-1 in Bohai Bay, which is expected to be the first large-sized oil field in Laibei lower uplift.

The Kenli 6-1 structure is located in Laibei lower uplift in the southern Bohai basin with an average water depth of about 19.2 meters.

CNOOC said on March 16 that the discovery well KL6-1-3 was drilled and completed at a depth of 1,596 meters, and encountered oil pay zones with a total thickness of approximately 20 meters.

The well was tested to produce around 1,178 barrels of oil per day, the company added.

The company also noted that this successful exploration well represented a breakthrough in the exploration area of Laibei lower uplift, and further proved the huge exploration potential of the Neogene lithologic reservoir in the Laizhou Bay.

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