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CNOOC says lots of gas at discovery
Source: Xinhua |
February 25, 2009, Wednesday
|
Print Edition
Print Edition
CHINA National Offshore Oil Co Ltd yesterday announced the first appraisal well at its deep-water natural gas discovery in the South China Sea has been successfully completed by its partner Husky Oil China Ltd.
Test results of the appraisal well, Liwan 3-1-2, showed flow at up to 53 million cubic feet of gas per day, providing further evidence of the discovery, Liwan 3-1, as a major gas discovery in deep waters off Chinaís shore.
The well is said to be able to deliver more than 150 million cubic feet of gas in the future, CNOOC said.
China National Offshore Oil Corp, the parent of CNOOC, entered into a production-sharing contract with Husky for deepwater block 29/26 in the Pearl River Mouth Basin in August 2004. The Liwan 3-1 discovery was made in the block in 2006.
Husky Oil China is the subsidiary of Canadian-listed Husky.
The appraisal well Liwan 3-1-2 is about 350 kilometers southeast of Hong Kong. The drilling activities commenced in November.
To clarify the extent of the discovery and determine the flow capacity of the reservoir, further evaluation will be conducted in the near future, CNOOC said.
Test results of the appraisal well, Liwan 3-1-2, showed flow at up to 53 million cubic feet of gas per day, providing further evidence of the discovery, Liwan 3-1, as a major gas discovery in deep waters off Chinaís shore.
The well is said to be able to deliver more than 150 million cubic feet of gas in the future, CNOOC said.
China National Offshore Oil Corp, the parent of CNOOC, entered into a production-sharing contract with Husky for deepwater block 29/26 in the Pearl River Mouth Basin in August 2004. The Liwan 3-1 discovery was made in the block in 2006.
Husky Oil China is the subsidiary of Canadian-listed Husky.
The appraisal well Liwan 3-1-2 is about 350 kilometers southeast of Hong Kong. The drilling activities commenced in November.
To clarify the extent of the discovery and determine the flow capacity of the reservoir, further evaluation will be conducted in the near future, CNOOC said.
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