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CNOOC Drilled BZ 2-1 Discovery in Bohai Bay

Source: www.gulfoilandgas.com 3/26/2009, Location: Asia

CNOOC Limited announced that the Company has successfully drilled new oil and gas discovery Bozhong (BZ) 2-1. BZ 2-1 is located in the west of Bozhong Sag, about 6 kilometers southeast of BZ 3-2 oil field. The discovery well BZ 2-1-2 penetrated oil pay zones with total thickness of 50.9 meters. The well drilled to a total depth of 3,910 meters, with water depth of about 26 meters.

The well was tested to flow at an average rate of 1,270 barrels of oil and 393 thousand cubic feet of natural gas per day via 11.91mm choke. BZ 2-1 is another breakthrough in Bozhong Sag since QHD 35-2, which was found last year. The new discovery further proved the exploration potential in Bozhong Sag.



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