CNOOC hits pay in Liaodong Bay

Discovery well JZ 20-2N-1 in the Liaodong Bay has proved oil, according to CNOOC.

Offshore staff

HONG KONG -- Discovery well JZ 20-2N-1 in the Liaodong Bay has proved oil, according to CNOOC. The well penetrated oil pay zones with a total thickness of 33.4 m (110 ft). It flowed at an average rate of 1,900 b/d of oil and 3.4 MMcf/d of gas via 8.73-mm choke, the company reports.

CNOOC is appraising the JZ 20-2N discovery to determine its reserve scale and commerciality.

07/28/2009

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