CNOOC South China Sea well tests oil, gas

The Chinese National Offshore Oil Co. (CNOOC Ltd.) has drilled a successful exploration well at the Pearl River Mouth Basin in the South China Sea.

The Chinese National Offshore Oil Co. (CNOOC Ltd.) has drilled a successful exploration well at the Pearl River Mouth Basin in the South China Sea. The HZ 26-3-1, located in the Huizhou trough in the eastern South China Sea about 170 km southeast of Hong Kong, was drilled to a total depth of 3,780 m in 110 m of water.
Drill stem tests on a 7.94-mm choke flowed over 1,400 bbl of 41-43-degree light gravity crude and nearly 2 MMcf/d of gas.
According to Zhang Guohua, senior vice president of exploration, "Positive exploration results through independent activities in the area will help maintain the eastern South China Sea as a core production basin for CNOOC."
CNOOC has a 100% stake in HZ 26-3-1.

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