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What will be CNOOC's daily oil production in Bohai Bay by December 31, 2024?
3
Resolution / Starting Odds
Less than 250 cubic meters/day • 25%
250-300 cubic meters/day • 25%
300-350 cubic meters/day • 25%
More than 350 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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Similar markets
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%
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%
CNOOC • 25%
PetroChina • 25%
Sinopec • 25%
Other • 25%
Oil drilling • 25%
Gas drilling • 25%
Combined oil and gas drilling • 25%
Other • 25%
105 million tons • 33%
110 million tons • 33%
115 million tons • 33%