CNOOC discovers oil in the eastern South China Sea
CNOOC Ltd. has made a mid-sized discovery on the Liuhua 20-2 structure in the eastern South China Sea.
The discovery well, LH20-2-1 was drilled and completed at a depth of about 9,744 ft (2,970 m), encountering oil pay zones with a total thickness of 115 ft (35.2 m). The oil production of the well tested around 8,000 b/d and the crude oil density is about .75.
The Liuhua 20-2 structure is located in the Northern Slope Belt of Baiyun Sag in the Pearl River Mouth basin of the South China Sea with an average water depth of about 1,280 ft (390 m).