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  • Oil & Gas Exploration and Development

    CNOOC always puts oil & gas exploration and development high on its agenda in an innovative manner to stabilize and further its business development. CNOOC continued to strengthen the oil and gas exploration and development, has made extensive breakthroughs both at home...

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News Releases >>more

  • CNOOC Limited Announces Another Major Breakthrough in Ultra-Deepwater Natural Gas Exploration

    2024-09-10

    On September 10, CNOOC Limited announced that it has drilled a natural gas well in the ultra-deepwater Liwan 4-1 structure in the Pearl River Mouth Basin. The well was tested to produce 430,000 cubic meters per day of absolute open flow natural gas, marking the first major exploration brea...

  • CNOOC Limited Brings On-stream Wushi 17-2 Oilfields

    2024-09-04

    On September 4, CNOOC Limited announced that Wushi 17-2 Oilfields Development Project has commenced production. The project is located in Beibu Gulf, with an average water depth of approximately 28 meters. The main production facilities include a new wellhead platform and an oil and gas pr...

  • CNOOC Limited Announces 2024 Interim Results

    2024-08-28

    On August 28, CNOOC Limited announced its 2024 interim results. In the first half of the year, CNOOC Limited focused on increasing oil and gas reserves and production, continued to drive down the all-in cost, and hit a record high in net profit attributable to equity shareholders...

  • CNOOC Limited Adds over 100 Billion Cubic Meters of Proved Gas In-place

    2024-08-07

    On August 7, CNOOC Limited announced that Chinese governmental authorities have approved the proved gas in-place of Lingshui 36-1 gas field, which stands at over 100 billion cubic meters. It is the first large-size ultra-shallow gas field in ultra-deep water in the world, which opens up a ...

  • CNOOC Limited Achieved High Yield Well in Beibu Gulf

    2024-07-24

    On July 23, CNOOC Limited announced that it has achieved a high yield well in Beibu Gulf, which produces daily over 1,000 cubic meters of oil equivalent. Wushi 16-5 structure is located in Wushi Sag, Beibu Gulf, with an average water depth of approximately 25 meters. The appraisal well WS1...

  • CNOOC Limited Made Major Exploration Breakthrough in Bohai Bay

    2024-07-17

    On July 15, CNOOC Limited announced that it has achieved a major exploration breakthrough in Mesozoic buried hill offshore Bohai Bay. Longkou 7-1 oilfield is located in eastern Bohai Bay, with an average water depth of about 26 meters. The discovery well LK7-1-1 was drilled and completed a...

  • The First Ultra-deep Well in Bohai Bay Outperforms Target

    2024-07-12

    On July 11, CNOOC Limited announced that the Bozhong 19-6 Condensate Gas Field D1 Well, the first ultra-deep well in Bohai Bay, achieved high yield.Bozhong 19-6 Condensate Gas Field is located in central Bohai Bay, with an average water depth of about 20 meters...

  • CNOOC Limited Brings On-stream the First Green Design Oilfield in Offshore China

    2024-07-01

    On July 1, CNOOC Limited announced that the first green design oilfield in offshore China - Wushi 23-5 Oilfields Development Project has commenced production.The project is located in the Beibu Gulf of the South China Sea, with an average water depth of...

  • CNOOC Limited Announces Enping 21-4 Oilfield Development Project Commences Production

    2024-06-27

    On June 27, CNOOC Limited announced that Enping 21-4 Oilfield Development Project has commenced production. The project is located in eastern South China Sea, with an average water depth of...