CNOOC strikes oil, gas at S.China Sea exploration well

CNOOC strikes oil, gas at S.China Sea exploration well

Source: www.chinamining.org     Citation: Reuters       Date: May 12, 2017

China`s CNOOC Ltd has struck "fairly good oil and gas flows" at a high-pressure exploration well in the Yingqiong basin in the western part of South China Sea, according to a statement posted at an official government website on Wednesday. 

The Yuedong 30-1-1 well strikes mostly gas flows

Its successful completion marks technological breakthrough in high-pressure and high-temperature wells

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