China National Offshore Oil Corporation (CNOOC) has discovered a high-yield oil and gas well in volcanic rock formations at a depth of 5,770 metres in the central Bohai Sea.
According to Xinhua News Agency, tests showed the well could
produce approximately 800,000 cubic metres of natural gas daily.
Drilling also
identified gas-bearing volcanic rock formations exceeding 120 metres in total
thickness.
Xu Changgui, Chief Scientist and Geologist at CNOOC, said
the discovery opens new opportunities for ultra-deep natural gas exploration
and could accelerate the development of large-scale gas production in the Bohai
Sea.
