South China Sea gas discovery

摘要

State-owned CNOOC Ltd has firmed up significant deepwater gas reserves from a discovery made in August 2014, according to reports. The Lingshui 17-2 discovery in the northern part of the South China Sea has certified proven reserves of more than 100 Bcm (3.53 Tcf), making it one of China’s largest offshore finds, according to state reports. CNOOC Ltd made the discovery last August after striking high flows of gas with the Lingshui 17-2 well. Flow rates were recorded at 1.60 MMcm/d (56.5 MMcf/d) of gas.