US EditionCNOOC Limited Announces A Hundred-Million-Ton Oilfield Discovery of Qinhuangdao 29-6 in Bohai Sea
The Qinhuangdao 29-6 oilfield in the Bohai Sea adds over 100 million tons of oil equivalent, producing about 2,560 barrels of medium-heavy crude daily.
- CNOOC Limited issued a press release announcing the Qinhuangdao 29-6 oilfield discovery in the Bohai Sea, with proved in-place volume exceeding 100 million tons, the company said.
- Located in the central Bohai Sea, Qinhuangdao 29-6 Oilfield's main reservoir is the Neogene Minghuazhen Formation, characterized by shallow burial that guided the prospecting strategy.
- The discovery well was drilled to 1,688 meters, encountered 66.7 meters of oil pay and was flow-tested to about 2,560 barrels per day, with medium-heavy crude, Xu Changgui, Chief Geologist of CNOOC Limited, said.
- The Company reported the proved in-place volume has exceeded 100 million tons, marking the second 100-million-ton-class lithological oilfield in the Shijiutuo Uplift and consolidating its resource base.
- The company cautions that forward-looking statements use terms such as 'expect' and 'anticipate' and provided media contacts Ms. Cui Liu and Mr. Cheng Yao for enquiries.
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53 Articles
The Berkshire Eagle
CNOOC Limited Announces A Hundred-Million-Ton Oilfield Discovery of Qinhuangdao 29-6 in Bohai Sea
HONG KONG, Dec. 23, 2025 /PRNewswire/ -- CNOOC Limited (the "Company", SEHK: 00883 (HKD Counter) and 80883 (RMB Counter), SSE: 600938) today announces that the Company has made a major oilfield discovery of Qinhuangdao 29-6 in the shallow Neogene formations…
CNOOC makes major oil discovery in Bohai Sea
CNOOC made a major oilfield discovery of Qinhuangdao 29-6 in the shallow Neogene formations of the Bohai Sea, which adds over 100 million tons of oil equivalent in-place. The discovery well was drilled and completed at a depth of 1,688 m, which encountered a total of 66.7 m oil pay zones and was tested to produce approximately 2,560 barrels of … The post CNOOC makes major oil discovery in Bohai Sea appeared first on Drilling Contractor.
CNOOC announces major oilfield discovery in Bohai Sea
HONG KONG, Dec. 24, 2025 /PRNewswire/ -- CNOOC Limited (the "Company", SEHK: 00883 (HKD Counter) and 80883 (RMB Counter), SSE: 600938) today announces that the Company has made a major oilfield discovery of Qinhuangdao 29-6 in the shallow Neogene formations of the Bohai Sea, which adds over a hundred million tons of oil equivalent in-place. Qinhuangdao 29-6 Oilfield is located in central Bohai Sea. The main oil-bearing play is Neogene Minghuazhe…
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