Offshore drilling extends Bohai Bay oil province

Offshore staff

HONG KONG – China National Offshore Oil Co. (CNOOC) has successfully confirmed the Penglai (PL) 9-1 oil-bearing structure in Bohai Bay, discovered in 2010.

The appraisal confirmed this is the largest oilfield discovery in recent years in the region.

PL9-1 is in the Miaoxibei uplift in the eastern part of Bohai, in an average water depth of 25 m (82 ft). One appraisal well, PL9-1-5, encountered oil pay zones in buried hill with total thickness of more than 200 m (656 ft), and on tested flowed around 700 b/d.

CNOOC also discovered oil in the PL15-2 structure, 8 km (5 mi) to the south. The PL15-2-1 well intersected oil pay zones with total thickness of 83 m (272 ft), and the test indicated an average rate of more than 1,200 b/d.

CEO Li Fanrong said: “I believe the successful appraisal on PL9-1 will open up a new prospect for exploration and development in eastern Bohai waters as well as making a great contribution to maintaining steady production in Bohai region.”


Did You Like this Article? Get All the Energy Industry News Delivered to Your Inbox

Subscribe to an email newsletter today at no cost and receive the latest news and information.

 Subscribe Now


Maximizing Operational Excellence

In a recent survey conducted by PennEnergy Research, 70% of surveyed energy industry professional...

Leveraging the Power of Information in the Energy Industry

Information Governance is about more than compliance. It’s about using your information to drive ...

Reduce Engineering Project Complexity

Engineering document management presents unique and complex challenges. A solution based in Enter...

Revolutionizing Asset Management in the Electric Power Industry

With the arrival of the Industrial Internet of Things, data is growing and becoming more accessib...