China drilling slipped in '95

Jan. 27, 1997
Drilling, completion trends in China [34923 bytes] China drilling, completion statistics by area [40426 bytes] Overall drilling in mainland China fell about 5% to 9,475 completed wildcats and development wells, according to data from China National Petroleum Corp. and China National Offshore Oil Corp. Exploratory drilling was up slightly to 895 wells. Cnooc completed 38 wildcats and 41 development wells offshore in 1995, up from 24 wildcats and 22 development wells in 1994. CNPC's wildcat
Overall drilling in mainland China fell about 5% to 9,475 completed wildcats and development wells, according to data from China National Petroleum Corp. and China National Offshore Oil Corp.

Exploratory drilling was up slightly to 895 wells.

Cnooc completed 38 wildcats and 41 development wells offshore in 1995, up from 24 wildcats and 22 development wells in 1994.

CNPC's wildcat footage was 5.9% higher than in 1994, but development well footage was down 8.4%.

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