Marine Link
Friday, March 29, 2024
SUBSCRIBE

Deepwater Gas Discovery News

03 Jan 2011

CNOOC: A Deepwater Gas Finding in Qiongdongnan Basin

China's CNOOC Limited (NYSE: CEO, SEHK: 0883) announced a deepwater gas discovery on Block 64/11 offshore China after the Lingshui 22-1-1 exploration well drilled by its partner, BG Group (BG) , encountered gas-bearing sands.The exploration well is located in Qiongdongnan Basin in the South China Sea, approximately 130 kilometres offshore and in a water depth of 1,338 metres. BG will conduct further analysis of the well results to evaluate the hydrocarbon potential in the Block. Mr. Zhu Weilin, Executive Vice President of the Company commented, “This is the first deepwater well in Qiongdongnan Basin. We are excited about the well results. The company signed the production sharing contract (PSC) with BG for deepwater block 64/11 on 7th June 2006.

17 Mar 2009

Deepwater Gas Discovery

Gas has been found by StatoilHydro in the Asterix prospect, which lies in 1,360 metres of water 345 kilometres west of Sandnessjøen in the Norwegian Sea. Preliminary estimates put the proven recoverable volume, which is located 80 kilometres west of the Luva gas discovery, at about 16 billion cubic metres (100 million barrels of oil equivalent). “This represents one of the bigger discoveries off Norway in recent years, and we’re very pleased with the result,” said Tove Stuhr Sjøblom, StatoilHydro’s head of Norwegian exploration. The resources are located in Upper Cretaceous reservoir rocks. No formation test was carried out, but extensive data gathering and coring took place in the reservoir.

30 Aug 2007

Statoil Makes Deepwater Gas Discovery

Statoil has discovered gas in the Midnattsol prospect in the Norwegian Sea, Rigzone reported. The find was made in exploration well 6405/10-1 in production license 281. Midnattsol is located some 40 kilometers north of the Ormen Lange field and 30 kilometers south of the Ellida find. The well was drilled in a water depth of 3,044 ft. to a total depth of 10,360 ft. below sea level. Gas was encountered in a reservoir of the late Cretaceous. Core samples have been taken and an extremely thorough data acquisition program carried out. The collected data will be analyzed to estimate the discovery's size and production characteristics. It is too early at this stage to declare the find commercial. Midnattsol will be permanently plugged and abandoned.