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Home >> Business
UPDATED: 10:29, March 29, 2005
New oil-gas field discovered in west S.China Sea
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China National Offshore Oil Corporation (CNOOC) announced on Monday that CNOOC Limited - a subsidiary of CNOOC - had discovered a new oil-gas field in west South China Sea through independent prospecting. It could produce crude oil of nearly 1,900 barrels and natural gas of bout 15,000 cubic meters per day.

The discovery was made in the Weixinan depression in west South China Sea, which is about 35 kilometers southwest of the Weizhou Island. The drilling well extends to a depth of 3,476 meters 34 meters under the water. During two drill-pipe tests the well ran through 11.11mm oil nozzles. It can produce crude oil of nearly 1,900 barrels and natural gas of bout 15,000 cubic meters per day.

By People's Daily Online


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