CNOOC Ltd. successfully discovered and received approval by the Chinese authorities on proved gas in-place for over 100 Bcm at the Lingshui 36-1 gas field in the South China Sea, CNOOC announced Aug. 7.
Lingshui 36-1 is the world’s first large, ultra-shallow gas field in ultra-deep water, the Beijing-based company said. The field has been tested to produce over 10 MMcm/d of absolute open flow natural gas.
Located in the southern portion of the Central Sag, Qiongdongnan Basin, the field’s average water depth is approximately 1,500 m with a burial depth of 210 m.
The total proved gas in-place in the South China Sea has exceeded 1 Tcm, CNOOC said. Multiple large-size gas fields have been discovered in the Yinggehai, Qiongdongnan and Pearl River Mouth basins.
Ultra-shallow gas reservoirs are “important” sources of hydrocarbon in deep waters, despite its challenges to develop, according to Xu Changgui, CNOOC’s chief geologist.
“CNOOC Limited has adopted new exploration concepts on the formation mechanism and new technological approaches to tackle the challenges,” Changgui said. “The successful discovery of Lingshui 36-1 has opened up the new area of exploration for gas resources in ultra-deep-water ultra-shallow plays."
Recommended Reading
Enbridge to Renew Application for Line 5 NGL, Oil Pipeline Project
2024-09-13 - Opponents of Enbridge’s Line 5 project say the move is positive and will allow more time for the project to meet environmental and legal concerns.
Energy Transition in Motion (Week of Sept. 13, 2024)
2024-09-13 - Here is a look at some of this week’s renewable energy news, including an agreement between Exxon Mobil and Mitsubishi Corp. concerning ammonia from a planned hydrogen facility in Texas.
Dividends Declared in the Week of Sept. 9
2024-09-13 - Here is a compilation of dividends declared by select upstream and service and supply companies for third-quarter 2024.
Chevron Pushing Longer Laterals in Argentina’s Vaca Muerta Shale
2024-09-13 - Chevron Corp., already drilling nearly 2.8-mile laterals at its Loma Campana Field in Argentina, wants to drill even longer horizontals, an executive told Hart Energy.
Rising Phoenix: The Anti-Permian Minerals Firm Buying … Permian
2024-09-13 - Rising Phoenix Minerals CEO Jace Graham said his boutique firm isn’t getting any bigger: The company doesn’t need a squad of infantry when “we’ve got a team of snipers.”
Comments
Add new comment
This conversation is moderated according to Hart Energy community rules. Please read the rules before joining the discussion. If you’re experiencing any technical problems, please contact our customer care team.