Bohai Bay exploration well fails to yield hydrocarbons

Sept. 10, 2014
Roc Oil (Bohai) Co., a wholly owned subsidiary of Roc Oil Co. Ltd., has drilled the QK11-1-1 exploration well on Block 09/05 in Bohai Bay off China, 15 km north of ROC’s existing Zhao Dong block.

Roc Oil (Bohai) Co., a wholly owned subsidiary of Roc Oil Co. Ltd., has drilled the QK11-1-1 exploration well on Block 09/05 in Bohai Bay off China, 15 km north of Roc’s existing Zhao Dong block.

The well was drilled using the CPOE Rig 33 to a total depth of 4,377 m and TVD of 3,862 m. Logging has been completed and plans for abandonment are under way. The well encountered the predicted objectives of Ming, Guantao, and Dongying, but did not confirm the presence of commercial hydrocarbons.

A second exploration well is expected to be drilled next year targeting a different structural trend in the block. The block covers 335 sq km in 5-10 m of water.

Block 09/05 is operated by Roc Oil with 60% interest. AWE Ltd. holds the remaining 40%.