By OGJ editors
HOUSTON, June 12 -- Kerr-Mc-Gee Corp., operator of Block 04/36 in Bohai Bay, China, has made a "possible discovery" with its CFD 22-2-1 well, reported Stone Energy Corp., Lafayette, La.
Stone is participating in the drilling of two exploratory wells on separate concessions in exchange for options to earn interests in the areas, which cover a total of 1 million acres.
It said the CFD 22-2-1 well, drilled to TD 9,065 ft, encountered potential oil pay in two intervals. A drillstem test of one zone flowed oil at an average rate of 700 b/d. The operator cut sidewall cores.
Stone said appraisal drilling is planned.
The second exploratory well in which it will participate is expected to be spudded by yearend.
