CNOOC discovers ultra-deepwater gas in the Bohai Sea

FinanceInternationalInspenetNov 12, 2026, 3:20 PMAI summary

Chinese state-owned CNOOC confirmed an oil and gas discovery in ultra-deep volcanic formations in the central Bohai Sea. The exploration well, near the Bozhong depression, reached 5,770 meters below the seabed and identified more than 120 meters of pay zone. Flow tests yielded about 800,000 cubic meters of natural gas per day, roughly 28 million cubic feet per day. The find supports the plan to build a one-trillion-cubic-meter gas province.

In 35 seconds

The well reached 5,770 meters below the seabed, beyond the 5,000-meter threshold that defines ultra-deepwater operations.
Tests recorded about 800,000 cubic meters of gas per day, equivalent to some 28 million cubic feet per day.
More than 120 meters of net pay thickness were identified in volcanic rocks of the Bozhong depression.

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IASummary generated by artificial intelligence from a story by Inspenet. It may contain errors: the original source prevails.

CNOOC
gas natural
petróleo
China
exploración

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CNOOC discovers ultra-deepwater gas in the Bohai Sea

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Central banks weigh gradual rate cuts to revive credit

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