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CEO Cnooc Ltd

121.76
0.00 (0.00%)
03 May 2024 - Closed
Delayed by 15 minutes
Name Symbol Market Type
Cnooc Ltd NYSE:CEO NYSE Depository Receipt
  Price Change % Change Price High Price Low Price Open Price Traded Last Trade
  0.00 0.00% 121.76 0 01:00:00

Royal Dutch Shell Announces Gabon Deep-Water Gas Discovery

22/10/2014 9:42am

Dow Jones News


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By Ian Walker

LONDON--Oil major Royal Dutch Shell PLC (RDSB.LN) said Wednesday the Leopard-1 well has encountered a substantial gas column, with around 200 meters net gas pay in a pre-salt reservoir, and it now plans an appraisal program to further determine resource volumes.

The well, which is located around 145 kilometers off the Gabonese coast, west of Gamba, was drilled in water 2,110 meters deep to a total vertical depth of 5,063 meters.

Shell is the operator of the well with a 75% interest. CNOOC Ltd. (CEO) has the remaining 25% interest.

Write to Ian Walker at ian.walker@wsj.com

Subscribe to WSJ: http://online.wsj.com?mod=djnwires


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