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What will be CNOOC's daily gas production in Bohai Bay by December 31, 2024?
2
Resolution / Starting Odds
Less than 1 million cubic meters/day • 25%
1-1.25 million cubic meters/day • 25%
1.25-1.5 million cubic meters/day • 25%
More than 1.5 million cubic meters/day • 25%
CNOOC's official production reports
Story
CNOOC Announces Major Exploration Breakthrough in Bohai Bay Producing 210 Cubic Meters of Oil and 1 Million Cubic Meters of Gas
Jul 17, 2024, 03:00 AM
China's state-owned oil and gas firm CNOOC announced on Monday a significant exploration breakthrough in Bohai Bay. The discovery well was tested to produce approximately 210 cubic meters of crude oil and nearly 1 million cubic meters of natural gas daily. This achievement marks a milestone in medium-to-deep Mesozoic plays offshore China. Following the announcement, CNOOC's share prices edged up by 0.59% during morning trading on Tuesday at the A-share market. Additionally, Bohai Oilfield set a new offshore gas output record with its 4,400-meter-deep LK7-1-1 well.
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More than 10 billion cubic meters per year • 25%
5-10 billion cubic meters per year • 25%
1-5 billion cubic meters per year • 25%
Less than 1 billion cubic meters per year • 25%
Yes • 50%
No • 50%
Increase by more than 5% • 25%
Increase by 3-5% • 25%
Increase by 1-3% • 25%
Increase by less than 1% • 25%
Domestic energy use • 25%
Export • 25%
Industrial use • 25%
Other • 25%
Less than 50,000 barrels per day • 25%
50,000 to 75,000 barrels per day • 25%
75,000 to 100,000 barrels per day • 25%
More than 100,000 barrels per day • 25%
Less than 5% • 25%
5% to 10% • 25%
10% to 15% • 25%
More than 15% • 25%
105 million tons • 33%
110 million tons • 33%
115 million tons • 33%
Increase by more than 10% • 25%
Increase by 5-10% • 25%
Increase by less than 5% • 25%
No significant increase • 25%