CNOOC Ticks Another Milestone in Ultra-Deepwater Gas Exploration

Tuesday, September 10, 2024

China's state-owned oil and gas firm China National Offshore Oil Corporation (CNOOC) has drilled a natural gas well in the ultra-deepwater Liwan 4-1 structure in the Pearl River Mouth Basin, which was tested to produce 430,000 cubic meters per day.

The achievement marks the first major exploration breakthrough in ultra-deepwater carbonate rocks offshore China, according to CNOOC.

The well is located in Baiyun Sag, the largest hydrocarbon-rich sag in the Pearl River Mouth Basin, about 300 kilometers southeast of Shenzhen with a water depth of nearly 1,640 meters.

The well was drilled to a vertical depth of nearly 3,000 meters, completed at a depth of nearly 4,400 meters, and encountered gas pay zone of approximately 650 meters in the horizontal section.

CNOC said the well revealed promising exploration prospects in the ultra-deepwater Globigerinid limestone in China, and effectively promotes the natural gas exploration process in Baiyun Sag.

"Previously, exploration in China's ultra-deepwater areas mainly focused on clastic rocks. The success of this well has, for the first time, revealed the enormous potential of carbonate rocks in China's ultra-deep waters, marking significant breakthroughs in both exploration understanding and operational techniques.

“In addition, this discovery is close to the existing production facilities of Liwan3-1 gas field, which could be utilized to develop the new discovery, thereby, enabling economic and efficient development of natural gas resources in the deep waters of the Pearl River Mouth Basin,” said Xu Changgui, Chief Geologist of CNOOC.

Categories: Industry News Activity Asia Oil and Gas

Related Stories

TotalEnergies Inks 10-Year LNG Supply Deal with South Korea’s KOGAS

Seatrium Signs FLNG Vessel Upgrade Deal for Golar LNG

EnQuest Enters Indonesia with Operatorship PSCs for Two Exploration Blocks

PXGEO Nets First Seismic Survey off Malaysia

Seatrium Engages Axess Group to Clear FPSOs for Brazil Deployment

ADNOC Signs Long-Term LNG Deal with Hindustan Petroleum Corporation

BP, ONGC, Reliance Industries Ink Deal for Offshore Exploration in India

Yinson, PTSC Get $600M Contract for Vietnam-Bound FSO

SBM Offshore’s Jaguar FPSO Enters Drydock in Singapore (Video)

EnQuest Picks Up Offshore Oil and Gas Block in Brunei

Current News

PTTEP Hires McDermott for Deepwater Subsea Job off Malaysia

TotalEnergies Inks 10-Year LNG Supply Deal with South Korea’s KOGAS

Japan Picks Wood Mackenzie to Assess Trump-Backed Alaska LNG Scheme

PTTEP Greenlights $320M Offshore CCS Project at Arthit Gas Field in Thailand

Marco Polo Picks Salt Ship Design for Next-Gen Offshore Energy CSOV

CNOOC Brings Online Another Oil and Gas Project in South China Sea

Technip Energies Gets FEED Job for Inpex’ Abadi LNG Project in Indonesia

Keppel, Seatrium in $53M Arbitration Case Over Brazil Corruption Scheme

Subsea7 Secures Work at Black Sea Field off Türkiye

CIP, Petrovietnam Team Up for Offshore Wind Project in Vietnam

Subscribe for AOG Digital E‑News

AOG Digital E-News is the subsea industry's largest circulation and most authoritative ENews Service, delivered to your Email three times per week

https://accounts.newwavemedia.com