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CNOOC Bought Newly Discovered Oil and Gas Field

CNOOC Limited had acquired a new oil and gas discovery named Bozhong 29-5 in the Yellow River Mouth Sag of Bohai Bay

CNOOC Bought Newly Discovered Oil and Gas Field

CNOOC Limited had acquired a new oil and gas discovery named Bozhong 29-5 in the Yellow River Mouth Sag of Bohai Bay, which represents another new progress of the company's exploration in this area.

The wildcat BZ29-5-1, which was drilled on Structure BZ 29-5 in the Yellow River Mouth Sag, encounters oil pay zones of 26.2 meters. The well was drilled to a total depth of 1,885 meters, with a water depth of about 21 meters.

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