CNOOC Limited has made a large-sized oil and fuel discovery Bozhong 13-2 in Bohai Bay.
The Bozhong 13-2 construction is situated within the south-western Ring of Bozhong Sag within the Bohai Bay with a mean water depth of about 23.2 meters. The discovery effectively BZ13-2-2 was drilled and accomplished at a depth of 5,223 meters, and encountered oil pay zones with a complete thickness of roughly 346 meters. The effectively was examined to supply a mean of roughly 1,980 barrels of crude oil and 5.25 million cubic ft of pure fuel per day.
Mr. Zhou Xinhuai, General Manager of Exploration Department of the Company mentioned, “The profitable exploration of Bozhong 13-2 construction is one other exceptional exploration achievement for the Company to repeatedly enhancing its efforts in oil and fuel exploration and manufacturing in offshore China. After acquiring Bozhong 19-6 large-sized condensate fuel area, the Company has made important breakthrough within the exploration of one other kind of buried hill in Bohai, which not solely has necessary promotion worth, but in addition demonstrates promising exploration prospect in Bohai.”
Bohai Bay is likely one of the three main bays of the Bohai Sea, the northwestern and innermost gulf of the Yellow Sea. The Bohai Bay can also be the drainage vacation spot of the Hai River and 15 different rivers.
Headquartered in Beijing, CNOOC (China National Offshore Oil Corporation), is likely one of the largest nationwide oil corporations in China. It is the third-largest nationwide oil firm within the People’s Republic of China, after CNPC and China Petrochemical Corporation.
(Source: CNOOC/Wikipedia – Image: with a mean water depth of about 23.2 meters)

The publish CNOOC ANNOUNCES LARGE OIL AND GAS DISCOVERY IN BOHAI BAY appeared first on Energy Global News.

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