CNOOC makes oil find in South China Sea

Oct. 17, 2003
Hong-Kong-based CNOOC Ltd. reported that its successful appraisal well, Weizhou (WZ) 11-1-2 in the Beibu Gulf of the Western South China Sea, confirmed commercial oil deposits in the area.

By OGJ editors

HOUSTON, Oct. 17 -- Hong-Kong-based CNOOC Ltd. reported that its successful appraisal well, Weizhou (WZ) 11-1-2 in the Beibu Gulf of the Western South China Sea, confirmed commercial oil deposits in the area.

WZ11-1-2, located about 0.4 km east of the original discovery well, Wan 1, was drilled to 3,190 m TD in 39.5 m of water. During a drill stem test, it flowed 42-45° crude at an average rate of 8,200 bbl of oil and 13 MMcfd of gas.

CNOOC is the operator and has a 100% working interest in this prospect.