Roc discovers further oil in offshore China development area

Offshore staff

SYDNEY, Australia -- Roc Oil (China) says new oil has been discovered within WZ6-12 and WZ12-8 West Oil Field Development areas in the Beibu Gulf offshore China,

While drilling the WZ6-12N-1 vertical exploration well, the HYSY 931 rig encountered a total of 52 m (170 ft) net oil pay in the primary objectives in the Wezhou formation and a further 7 m (23 ft) net pay in shallower reservoirs.

This was the first of a three-well exploration program. It was drilled 1 km (0.6 mi) northeast from the WZ 6-12-1 well in 29 m (95 ft) of water, and reached a TD of 1,605 m (5,266 ft).

After completion of wireline logging, the well will be P&A’d and the rig will transfer to the A6 exploration well location on the WZ 6-12 South field.

ROC CEO Alan Linn said: "The results of the well will materially enhance the value of the overall Beibu project for ROC and its joint venture partners. The now larger WZ6-12 North field will be fully developed as part of the combined WZ 6-12 and WZ 12-8W field development, which is currently under way.

“Provision has been made in the facility design to provide capacity for new oil zones discovered in the exploration drilling program.”

10/10/2012

 

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