Project Profile
Location: east Lingshui Sag, deepwater area of Qiongdongnan Basin, South China Sea, China
Reserves: 100 billion cubic metres
Depth (water): 4,757 feet (1,450 metres)
CNOOC Limited made a new mid-sized gas discovery Lingshui17-2 when drilling the deepwater exploration well in Qiongdongnan Basin in South China Sea. 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 metres). The discovery well Lingshui17-2-1 is drilled and completed at a depth of 11,515 feet (3,510 metres) and encountered the gas reservoir with a total thickness of about 180 feet (55 metres). 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. Lingshui 17-2 has certified proven reserves exceeding 100 billion cubic metres, making it one of China\\\'s biggest offshore finds. CNOOC Ltd made the discovery in August 2015, after striking high flows of gas in the Lingshui 17-2 well, with per day production of 56.5 million cubic feet.
Operators:
CNOOC Limited: Operator with 100% interest
Contractors:
Wood Group: Subsea and flow assurance services