ENI strikes oil in eastern South China Sea

By OGJ editors
HOUSTON, Dec. 20 -- CNOOC Ltd. reported a discovery in the ENI China BV Huizhou (HZ) 25-4-1 well in the eastern South China Sea.

The well is on Block 16/19 in the Pearl River Mouth basin about 180 km southeast of Hong Kong.

The well was drilled to 3,900 m TD in 102 m of water. On test, HZ25-4-1 flowed at 5,000 b/d. CNOOC has the right to acquire up to 51% working interest in any commercial discoveries on the block.

The discovery is 60 km from the producing HZ 19-3/2/1 oil fields on Blocks 16/08 and 16/19 (OGJ Online, Nov. 16, 2004). The fields have two platforms, 14 wells, and a subsea pipeline to the Nanhai Faxian floating production, storage, and offloading vessel.

Related Articles

OGJ100 group posts lower 2013 earnings

09/01/2014 Oil & Gas Journal's survey of the 100 leading oil and gas producing firms based outside the US reveals that 2013 net income and revenues fell m...

WoodMac: Norway's 10 billion bbl of undeveloped resources could net $106 billion

09/01/2014 Norway holds 10 billion boe of discovered but undeveloped natural resources, of which 60% could be commercialized and potentially add $106 billion ...

EIA: Brent crude oil price stability continues

09/01/2014 Spot prices of Brent crude oil averaged $107/bbl in July, marking the 13th consecutive month in which the average price has ranged $107-112/bbl.

Careers at TOTAL

Careers at TOTAL - Videos

More than 600 job openings are now online, watch videos and learn more!

 

Click Here to Watch

Other Oil & Gas Industry Jobs

Search More Job Listings >>
Stay Connected