CNOOC Finds Gas at Lingshui 25-1 Deepwater Well in South China Sea

China's CNOOC Ltd. announced Tuesday that the company has successfully made a new mid-to-large sized natural gas discovery at the Lingshui 25-1 deepwater exploration well in Qiongdongnan Basin in the South China Sea.

The Lingshui 25-1-1 prospect, drilled and completed at a depth of about 13,123 feet (4,000 meters), encountered the oil and gas pay zone with a total thickness of around 239 feet (73 meters), with well test producing approximately 35.6 million cubic feet of natural gas and 395 barrels of oil per day.

The Lingshui 25-1 structure, located in the northeast of Ledong Sag in Qiongdongnan Basin, lies in average water depth of about 3,215 feet (980 meters).

Lingshui 25-1 is the second mid-to-large sized natural gas discovery following the Lingshui 17-2 find as CNOOC pursue deepwater exploration offshore China independently. The discovery was made by China's first locally built deepwater rig -- HYSY 981 (UDW semisub).

"The new discovery has not only opened up a new exploration chapter in deepwater area of northern South China Sea, but also further proven the good exploration prospects in deepwater area of Qiongdongnan Basin," CNOOC said in a press release.



Have a news tip? Share it with Rigzone!
Email news@rigzone.com

WHAT DO YOU THINK?

Click on the button below to add a comment.
Post a Comment
Generated by readers, the comments included herein do not reflect the views and opinions of Rigzone. All comments are subject to editorial review. Off-topic, inappropriate or insulting comments will be removed.

Related Companies
For More Information on the Offshore Rig Fleet:
RigLogix can provide the information that you need about the offshore rig fleet, whether you need utilization and industry trends or detailed reports on future rig contracts. Subscribing to RigLogix will allow you to access dozens of prebuilt reports and build your own custom reports using hundreds of available data columns. For more information about a RigLogix subscription, visit www.riglogix.com.
Events  SUBSCRIBE TO OUR NEWSLETTER

Our Privacy Pledge
SUBSCRIBE

More from this Author
Rigzone Staff
e-mail us at news@rigzone.com
 -  Preparing a Mechanical Engineering Res... (Jul 19)
 -  Tesoro Signs Deal with Pemex to Enter ... (Jul 19)
 -  Irish Gas Grid Could Receive LNG from ... (Jul 19)
 -  What's It Take to Land a Job as a Petr... (Jul 14)
 -  Linde to Build New PP Line at Braskem ... (Jul 11)


Most Popular Articles

From the Career Center
Jobs that may interest you
Entry Level Environmental Scientist / Geologist
Expertise: Environmental Engineer|Geologist
Location: Novi, MI
 
DRC Analyst I
Expertise: Engineering Technician|Geoscience Technician|Laboratory Ops / Tech
Location: Houston, TX
 
United States Broussard: Logging Geologist-Surface Data Logging, I
Expertise: Geologist|Mud Logging
Location: Broussard, LA
 
search for more jobs

Brent Crude Oil : $49.3/BBL 0.80%
Light Crude Oil : $46.79/BBL 0.70%
Natural Gas : $3.04/MMBtu 0.97%
Updated in last 24 hours