Husky Oil China completes appraisal well

Husky Oil China Ltd. said its third appraisal wells at Liwan 3-1 field in the South China Sea tested natural gas at an equipment-restricted rate of 52 MMcfd.

By OGJ editors
HOUSTON, Sept. 4
-- Husky Oil China Ltd. said its third appraisal wells at Liwan 3-1 field in the South China Sea tested natural gas at an equipment-restricted rate of 52 MMcfd.

John C.S. Lau, Husky Energy Inc. president and chief executive officer, estimates the well’s future deliverability could exceed 150 MMcfd of gas.

The Liwan 3-1-4 well was drilled by Seadrill Ltd.’s West Hercules semisubmersible rig to 3,366 m total vertical depth subsea in 1,450 m of water.

Husky expects to submit a development plan to regulatory authorities in late 2009 or early 2010. Gas production is slated for start up in 2013.

Following completion of the third appraisal well, the West Hercules is scheduled to drill two exploration wells northeast of Liwan 3-1 field.

Husky has explored off China since 2002 and signed a production-sharing agreement for Block 29/26 in August 2004. CNOOC Ltd. has the right to participate in the development for up to 51% working interest.

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