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China National Offshore Oil Corporation

Heavy oil was discovered at the Luda 5-2 North discovery wells in the Liaodong Bay area of China’s Bohai Gulf. The two wells, Luda 5-2N-2 and LD 5-2N-4, were both drilled to a depth of approximately 1140 m and encountered oil pay zones with total thickness of 394 and 279 ft, respectively. China National Offshore Oil Corporation (100%) is the operator.


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