Project Profile
Value: Undisclosed
Location: Central north of Bohai Bay, off northern China
Water Depth: 27 metres
Qinhuangdao 29-2 is located in the central north of Bohai, with an average water depth of about 27 metres. These two successful appraisal wells expanded the reserve base of Qinghuangdao 29-2. Qinghuangdao 29-2E-4 drilled in the middle formation of the Qinghuangdao 29-2 east structure represented a significant breakthrough by encountering 218.4 metre thick of oil pay zones, including a 133.7 metre thick single oil pay zone. This well was tested to produce approximately 6,600 barrels and 4.5 million cubic feet of natural gas per day, creating the highest capacity of clastic rocks in Bohai.
Operators:
CNOOC: Operator with 100% interest