CNOOC makes natural gas discovery offshore Bohai

CNOOC Ltd. has made a mid-sized natural gas discovery with the Bozhong 22-1 well in Bohai Bay.

Mar 24th, 2014

Offshore Staff

HONG KONGCNOOC Ltd. (NYSE: CEO, SEHK: 00883, TSX: CNU) has made a mid-sized natural gas discovery with the Bozhong 22-1 well in Bohai Bay.

The Bozhong 22-1 structure is located in an average water depth of about 25 m (82 ft). The discovery well Bozhong 22-1-2, being drilled and completed at a depth of 4,611 m (15,128 ft), encountered gas reservoir with a total thickness of about 92 m (302 ft).

The gas production of the well was tested around 14.2 MMcf/d (4 MMcm/d). The discovery of Bozhong 22-1 demonstrates the good prospects of buried hills for future gas exploration of the south slope inBozhong Sag.

03/24/2014

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