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CNOOC : makes new South China Sea gas discovery

2015-01-08 08:59:29       source:4-Traders

January 7, 2015

"CNOOC Limited has successfully made a new mid-to-large sized natural gas discovery Lingshui 25-1 on the independent deepwater exploration

The Lingshui 25-1 structure is located in the northeast of Ledong Sag inQiongdongnan Basin of South China Sea, with an average water depth of about 980 metres.

The discovery well Lingshui 25-1-1 was drilled and completed at a depth of about 4,000 metres and encountered the oil and gas pay zone with a total thickness of about 73 metres."

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