Scandinavian Oil-Gas Magazine
http://www.scandoil.com/moxie-bm2/news/cnooc-makes-a-mid-sized-discovery-lufeng14-4-in-ea.shtmlCNOOC makes a mid-sized discovery Lufeng14-4 in Eastern South China Sea
CNOOC Limited has made a mid-sized new discovery Lufeng14-4 in the Eastern South China Sea. The Lufeng14-4 structure is located in Lufeng Sag in the Pearl River
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CNOOC Limited has made a mid-sized new discovery Lufeng14-4 in the Eastern South China Sea.
The Lufeng14-4 structure is located in Lufeng Sag in the Pearl River Mouth Basin of the South China Sea with an average water depth of 145 meters. The discovery well Lufeng14-4-1 was drilled and completed at a depth of 4,098 meters and encountered oil pay zones with a total thickness of approximately 150 meters. The oil production of the well tested around 1,320 barrels per day.
The successful exploration of Lufeng14-4 demonstrated the Company's remarkable breakthrough in the exploration area of the Paleogene System,and further proved the huge exploration potential of the Paleogene System in the Pearl River Mouth Basin.
