China’s CNOOC Restricted has achieved a “main exploration breakthrough” in a Mesozoic buried hill offshore Bohai Bay.
The corporate’s Longkou 7-1 oilfield is situated in japanese Bohai Bay. CNOOC stated in a information launch that its discovery effectively LK7-1-1 was drilled and accomplished at a depth of roughly 14,435 ft (4,400 meters), which encountered a complete of 249 ft (76 meters) of oil and fuel pay zones.
The effectively was examined to supply about 7,416 cubic ft (210 cubic meters) of crude oil and almost 35.3 cubic ft (a million cubic meters) of pure fuel, a brand new file for fuel examined productiveness in Bohai Bay, CNOOC stated.
Xu Changgui, CNOOC Deputy Chief Exploration Officer, stated, “Lately, we’ve continued to make new discoveries in metamorphic buried hills medium-to-deep performs in Bohai Bay. The profitable effectively demonstrates the broad exploration prospect in Mesozoic volcanic rocks in Bohai Bay. It additionally testifies [to] the progress within the firm’s understanding and technological capabilities in tapping sources in medium-to-deep performs. The experience we gained will information our exploration in related performs offshore China”.
Zhou Xinhuai, CNOOC President and CEO, stated, “CNOOC Restricted will proceed to assume out of the field, to deepen our geological understanding and foster technological innovation. We’ll ramp up our efforts in oil and fuel exploration and growth, to put a stable basis for steady provide of vitality to the society and for the high-quality growth of the corporate”.
Excessive Yield in Extremely-Deep Nicely
Earlier within the week, CNOOC stated that it has achieved a “excessive yield” within the Bozhong 19-6 Condensate Gasoline Subject D1 Nicely, the primary ultra-deep effectively in Bohai Bay.
The Bozhong 19-6 Condensate Gasoline Subject, situated in central Bohai Bay, incorporates confirmed oil and fuel instead of greater than seven trillion cubic ft (200 billion cubic meters) of pure fuel and greater than seven billion cubic ft (200 million cubic meters) of oil, the corporate stated, including that it’s the first fuel discipline of such dimension within the deep buried hill play offshore China.
Prior to now few years, the corporate has step by step introduced on-stream the Bozhong 19-6 Condensate Gasoline Subject Pilot Space Improvement Undertaking, the Part I Improvement Undertaking, and the 13-2 Block 5 Nicely Web site Improvement Undertaking. The fuel discipline is at the moment producing roughly 37,500 barrels of oil equal per day (boepd), it stated.
The Bozhong 19-6 Condensate Gasoline Subject D1 Nicely was drilled to a depth of 19.974 ft (6,088 meters), CNOOC acknowledged. It’s the first ultra-deep effectively of the corporate in Bohai Bay, which is producing roughly 6,300 boepd.
Solar Fujie, CNOOC Vice President stated, “The excessive yield effectively additional confirms the promising potential of offshore deep buried hill performs. The exploration and growth of oil and fuel sources within the deep performs is anticipated to speed up. With the brand new manufacturing, the corporate is constantly bolstering its means to produce clear vitality to the Bohai Financial Rim”.
To contact the writer, e-mail rocky.teodoro@rigzone.com
What do you assume? We’d love to listen to from you, be part of the dialog on the
Rigzone Power Community.
The Rigzone Power Community is a brand new social expertise created for you and all vitality professionals to Converse Up about our trade, share information, join with friends and trade insiders and interact in knowledgeable group that may empower your profession in vitality.