Chinese firm makes Bohai Bay discovery
Petroleum News
CNOOC Ltd., the Chinese offshore oil company, has made a moderate discovery in the waters of Bohai Bay, the company announced Aug. 4.
The JZ21-1S-1 well flowed at up to 700 barrels of daily equivalent in drill stem tests, the company said. The well was drilled to a total depth of 2,400 meters in 20....
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