State-owned China National Offshore Oil Corp. has discovered more oil and natural gas in northern China 's Bohai Bay. On test, the Qikou 18-2-1 wildcat flowed 2,445 b/d of light oil and 84,601 cu m/day of gas.
State-owned China National Offshore Oil Corp. has discovered more oil and natural gas in northern China 's Bohai Bay.
On test, the Qikou 18-2-1 wildcat flowed 2,445 b/d of light oil and 84,601 cu m/day of gas. The discovery is only 5 km from CNOOC 's earlier discoveries of Qikou 18-1 and Qikou 17-2.
CNOOC will start commercial production in June at Qikou 17-2, also in the Bohai Bay, according to a source at the company. The field will have a total crude output capacity of about 5 million bbl/year from 31 production wells.
