CNOOC strikes gas offshore the UK
Multinational The Glengorm exploration well in licence P2215 encountered 37.6 metres of net pay, the company statement added. In a separate press release, partner Total estimated the recoverable resources at the prospect at 250 million boe. CNOOC Limited holds a 50% operating stake in the licence, while Total holds 25% and Euroil holds the remaining 25%.
“Glengorm discovery demonstrates the great exploration potential of License P2215,” Xie Yuhong, CNOOC Limited’s executive vice-president, said. “We are looking forward to further appraisal.”
The news came as the company also approved the engineering development plan for the Weizhou 12‐8 East development offshore China, Upstream Online reported.
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