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CNOOC Announces New Discovery in Bohai Bay

Source: www.gulfoilandgas.com 7/7/2008, Location: Asia

CNOOC Limited announced that its wildcat Ken Li (KL) 10-1-1 drilled independently in Bohai Bay has successfully completed. KL 10-1-1, which was drilled on Structure KL 10-1 of Laizhou Bay Sag, encounters oil pay zones of 56.8 meters. The well was drilled to a total depth of 3,148 meters, with a water depth of about 17 meters. During the drill stem test, the well was tested to flow about 980 barrels of oil and 100,000 cubic feet of gas per day.

Mr. Zhu Weilin, Executive Vice President of the Company and General Manager of the Exploration Department commented, “I am pleased to announce our exploration progress in Bohai Bay. The successful discovery of KL 10-1-1 will help continue our effective exploration activities in this area.”

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Related Articles: Artificial Lift  Cementing, Stimulation  Directional Drilling  Drilling  Drilling Engineering & Equipment Systems  Enhanced Oil Recovery  General  Logging, Perforating, Testing  Offshore Drilling  Reservoir/Completion Consultants  Workover & Well Services  Workover Rigs/Services 


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