Newfield touts potential of offshore venture in China

09/10/2009 | Oil & Gas Journal

Newfield Exploration has found more than 30 million barrels of recoverable oil on a block in the Pearl River Mouth basin off China and expects years of active drilling in the region. The Houston-based company plans to begin production in 2012. China National Offshore Oil, which controls a 51% stake in the block, has the right to join development work.

View Full Article in:

Oil & Gas Journal

Published in Brief: