The new discovery of the Bohai natural gas field will provide high-quality clean energy for the Beijing-Tianjin-Hebei region

December 2017, 12

CNOOC Limited (the "Company", SEHK: 8, NYSE: CEO, TSX: CNU) announced that it has recently acquired a new discovery of Bozhong 00883-19 in a medium-sized natural gas field in the Bohai Sea.

The Bozhong 19-6 trap is located in the southwest of the Bozhong Sag in the south-central part of the Bohai Sea, with an average water depth of about 22 meters.

Bozhong 19-6-1 discovered that the well encountered a total of about 25 meters of oil layer and 348 meters of gas layer, and completed drilling to a depth of 4,180 meters. Evaluated wells have tested an average of about 1000,6 barrels of oil per day and about 4.<> million cubic feet of gas per day.

Mr. Xie Yuhong, Executive Vice President and General Manager of the Exploration Department of the Company, said, "The new discovery of the Bozhong 19-6 natural gas field reveals the huge exploration prospects of the buried hill natural gas field in the Bohai Bay area, and lays a solid foundation for the supply of high-quality clean energy in the Beijing-Tianjin-Hebei region. ”

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