BEIJING – Chinese state-owned CNOOC has discovered an additional 40 million cubic meters of proven oil and gas reserves at its Bozhong 26-6 field, according to a statement released by the company on Sunday.
As reported by Reuters, the newly discovered reserves would increase the cumulative proven geological reserves at the field to 200 million cubic meters. Located in the southern waters of the Bohai Sea, if this figure is correct, it could make the oilfield the biggest metamorphic rock oilfield worldwide.
The Bozhong 26-6 oilfield is about 106 miles (170 kilometers) from north China’s Tianjin Municipality, with an average water depth of over 72 feet (22 meters).
