Home>News Center>Bizchina
       
 

CNOOC signs production contract with US Devon
(Xinhua)
Updated: 2005-12-07 16:04

China National Offshore Oil Corporation (CNOOC), China's largest offshore oil producer, has signed a production sharing contract with US-based Devon Energy Corporation recently for a deepwater block in South China Sea, according to CNOOC Wednesday.

The contract about Block 42/05 was signed on Tuesday.

Located in Baiyun Sag of the Pearl River Mouth Basin in the Eastern South China Sea, the block covers a total area of 6,939 square kilometers with water depth ranging from 300 to 2,000 meters.

CNOOC has acquired 2-D seismic data in the block, said CNOOC.

Under the terms of the contract, Devon is committed to conduct a 3-D seismic surveys and wildcat drilling during the exploration period. All expenditures incurred during the exploration period will be borne by Devon.

CNOOC has the right to participate in up to a 51 percent interest in the event of any commercial discovery in the block.

CNOOC and Devon successfully developed Panyu 4-2/5-1 oilfields in Block 15/34 and started commercial production in 2003. This contract is the fourth deepwater contract between CNOOC and its foreign partners.

According to statistics of the Ministry of Land and Resources, there are more than 200 oil or gas-bearing structures and 180 oil-gas fields in the South China Sea. Primary estimates indicate that there are about 23 to 30 billion tons of oil in the geological reserve in the region.



 
  Story Tools  
   
Manufacturers, Exporters, Wholesalers - Global trade starts here.
Advertisement
         
主站蜘蛛池模板: 国产午夜爽爽窝窝在线观看| 女人18一级毛片免费观看| 亚洲欧美一区二区三区| 美妇与子伦亲小说| 国产精品jlzz视频| imim5.vip| 无码精品人妻一区二区三区影院| 亚洲国产精品综合久久久| 神马重口味456| 国产乱子伦精品无码专区| 无人码一区二区三区视频| 女人让男人桶30分钟在线视频| 久久久久人妻一区精品| 欧美三日本三级少妇三级久久| 免费一级欧美大片在线观看| 色综合综合在线| 国产欧美日韩综合| 97久久精品午夜一区二区| 强行扒开双腿猛烈进入免费视频| 久久婷婷人人澡人人喊人人爽| 欧美成人精品第一区首页| 免费a级毛片大学生免费观看| 色婷婷久久综合中文网站| 国产欧美一区二区精品久久久| 99re66热这里只有精品17 | 国产三香港三韩国三级不卡| 网址在线观看你懂的| 夜夜爽77777妓女免费看| 三年片免费观看大全国语| 日本成熟电影不卡www| 亚洲午夜久久久影院| 水蜜桃免费视频| 免费在线观看色| 老妇高潮潮喷到猛进猛出| 国产单亲乱l仑视频在线观看| 男女下面一进一出视频在线观看| 在线美女免费观看网站h| www久久只有这里有精品| 成人区人妻精品一区二区不卡| 久久国产精品99精品国产| 极品肌肉军警h文|