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4.7

CNOOC ultra-deep gas discovery in Bohai Sea tests 800k m3/d

CNOOC announced an ultra-deep natural gas discovery in the central Bohai Sea, with a high-yield volcanic well testing at 800,000 cubic meters per day. The find is described as a 'major breakthrough' for ultra-deep exploration in the region, though commercial viability and reserves are not yet disclosed. This could bolster China's domestic gas supply and reduce import dependence, but impact is uncertain pending further appraisal.

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Offshore Energyabout 17 hours agoCNengCredibility 11%View source

Score Breakdown

Mosaic Score4.7
Model confidence0.5
Significance0.5
Source credibility0.1

Intelligence Tags

Locations

Bohai Sea

Entities

ChinacountryNatural Gasmarket
Source

Related signals

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