CNOOC Limited today announced that the Company has recently appraised two wells in Qinghuangdao 29-2 east successfully. Qinhuangdao 29-2 is located in the central north of Bohai, with an average water depth of about 27 meters. These two successful appraisal wells expanded the reserve base of Qinghuangdao 29-2. Qinghuangdao 29-2E-4 drilled in the middle formation [...]
China’s oil and gas exploration and production company, CNOOC, today announced it has made a new discovery Luda(LD)21-2 in Bohai sea, offshore China. LD 21-2 is situated in south Liaodong Bay, with its south part adjacent to LD 27-2 oilfield. The average water depth is 20 meters. The discovery well of LD 21-2-1D is drilled [...]
China National Offshore Oil Corporation (CNOOC) and Roc Oil have signed a production sharing contract (PSC) for Block 09/05 in Bohai bay, offshore China. Block 09/05 is located 50 kilometers southeast of Tianjin, with a total area of 355 square kilometers and water depth of 4-10 meters. Under the agreement signed today, ROC will conduct [...]
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ConocoPhillips today provided further details about the compensation and environmental funds that have been established in response to two separate accidents in Bohai Bay, China. The funds, first announced in September, recognize the company’s responsibility for the accidents and demonstrate its commitment to the people and government of China. “ConocoPhillips takes responsibility for the two [...]
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A new oil spill was reported off China’s northern coast on Tuesday, the third such incident on the Bohai Sea in less than two months. Source: Xinhua Source: Xinhua, July 12, 2011;
CNOOC Limited announced today that its two new oil fields, BoZhong (“BZ“) 26-3 and LuDa (“LD”) 32-2 in the Bohai Bay have successfully commenced production recently. BZ 26-3 is located in the central part of Bohai Bay, neighboring producing field BZ 25-1S. The field has an average water depth of about 25 meters. The development [...]
Thirty four workers have been saved and two are still missing after strong wind brougt by typhoon Malou tilted an oil drilling platform … by Chinadaily Source: Chinadaily,September 8, 2010,