Kerr-McGee has multi-zone oil discovery in China's Bohai Bay

Kerr-McGee Corp. has a discovery on Block 05/36 in China's Bohai Bay that tested 6,049 boe/d of light oil and gas from five drillstem tests.

Nov. 28, 2001

2 min read

By the OGJ Online Staff

HOUSTON, Nov. 28 -- Kerr-McGee Corp. has a discovery on Block 05/36 in China's Bohai Bay that tested 6,049 boe/d of light oil and gas from five drillstem tests.

CFD 12-1S-1 well had more than 215 ft of hydrocarbon bearing sands in the Dongying, Guantao, and Lower Ming formations.

The well was drilled on a structure 5 km south of the 12-1 field area to test the Dongying formation that is productive in the 11-2 field area and the 12-1-5 well. The rig was moved 1.5 km southwest to appraise the discovery.

Kerr-McGee has 50% of the block and is operator. Newfield Exploration Co. has 35% and an Ultra Petroleum Corp. subsidiary has 15%.

Michael Watford, Ultra Petroleum chairman, president, and CEO, said, "This well tested one of the higher flows ever recorded from the Dongying in the Bohai Bay. Had we tested several of the Guantao zones in this well, we may have exceeded 7,000 boe/d for a total flow.

"In addition to the excellent economics of the light oil, the possibility exists to use the gas found in this well to power the production equipment on our CFD 11-1 and 11-2 fields, potentially reducing costs and improving our production economics across the blocks."