CNOOC's significant oil and gas discovery in the Bohai Bay marks a major milestone in China's pursuit of domestic energy security.
Chinese state-held oil and gas giant
, which specializes in offshore exploration and production in China and abroad, was exploring a discovery well in the Longkou 7-1 oilfield in eastern Bohai Bay. The well was drilled and completed at a depth of approximately 4,400 meters 14,436 ft, encountering a total of 76 meters 249 ft of oil and gas pay zones.
’s deputy chief exploration officer, said in a statement. launched crude oil production from a new development project in the South China Sea.
Bohai Bay Offshore Drilling Oil And Gas Discovery China Energy Security Exploration Breakthrough Mesozoic Plays Longkou 7-1 Oilfield Record Gas Production Domestic Energy Production
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