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CNOOC Limited Announces Buzzard Phase II Development Commenced Production
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CNOOC Limited Announces Liuhua 21-2 Oilfield Commences Production
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(MENAFN - PR Newswire) HONG KONG, Feb. 21, 2021 /PRNewswire/ CNOOC Limited (the Company , SEHK: 00883,NYSE: CEO , TSX: CNU) announced today that the Company made a large-sized oil and gas discovery Bozhong 13-2 in Bohai Bay.
The Bozhong 13-2 structure is located in the south-western Ring of Bozhong Sag in the Bohai Bay with an average water depth of about 23.2 meters. The discovery well BZ13-2-2 was drilled and completed at a depth of 5,223 meters, and encountered oil pay zones with a total thickness of approximately 346 meters. The well was tested to produce an average of approximately 1,980 barrels of crude oil and 5.25 million cubic feet of natural gas per day.