CNOOC Discovers Gas at Lingshui 17-2 Deepwater Well in South China Sea

Article title
CNOOC discovers gas at Lingshui 17-2 deepwater exploration well in Qiongdongnan Basin in the South China Sea.

China's CNOOC Limited made a new mid-sized gas discovery Lingshui17-2 when drilling the deepwater exploration well in Qiongdongnan Basin in South China Sea recently, the company said Wednesday.

Lingshui17-2 is located in the east Lingshui Sag in deepwater area of Qiongdongnan Basin, with an average water depth of about 4,757 feet (1,450 meters). The discovery well Lingshui17-2-1 is drilled and completed at a depth of 11,515 feewt (3,510 meters) and encountered the gas reservoir with a total thickness of about 180 feet (55 meters).

"The discovery has not only proven the exploration potential of structural and lithologic trap in central Canyon channel of Lingshui Sag, but also further confirmed the good exploration prospects in deepwater area of Qiongdongnan Basin," CNOOC said in a press release.

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