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CNOOC's Lingshui 17-2 discovery could revive ailing exploration interest in deepwater China

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16 September 2014

CNOOC's Lingshui 17-2 discovery could revive ailing exploration interest in deepwater China

Report summary

CNOOC has made a major gas discovery in South China Sea, 150km south of Hainan.  The Lingshui 17-2 is the first discovery CNOOC has made as operator, using its own semisubmersible rig and crew.  The discovery could revive ailing IOC interest in deepwater exploration in China, especially after several disappointing well results in recent years.

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    CNOOC's Lingshui 17-2 discovery could revive ailing exploration interest in deepwater China

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