Husky tests third South China Sea gas find

A third discovery on Block 29/26 in the eastern South China Sea “supports an earlier estimation of petroleum initially in place of 4 to 6 tcf for the block,” said Husky Energy Inc., Calgary.

By OGJ editors
HOUSTON, Feb. 9 -- A third discovery on Block 29/26 in the eastern South China Sea “supports an earlier estimation of petroleum initially in place of 4 to 6 tcf for the block,” said Husky Energy Inc., Calgary.

Husky plans to submit a development plan for the block to regulatory authorities in early 2010. CNOOC Ltd. has the right to participate in any field development project for up to 51% working interest.

The Liuhua 29-1 exploration well, in 723 m of water 43 km northeast of Liwan 3-1 gas field and 20 km northeast of LH 34-2 gas-condensate field, cut a gross gas column of 145 m with what Husky called “a significant thickness of high quality gas charged reservoir.” It also found oil in a deeper reservoir.

The well tested gas at an equipment-restricted rate of 57 MMcfd, and indications were that future deliverability could exceed 90 MMcfd.

Front-end engineering design for the Liwan 3-1 deepwater project is complete. Husky will develop Liwan 3-1 and Liuhua 34-2 in tandem. Gas production is to start around 2013. Liuhua 29-1 field will be appraised this year and will use Liwan field facilities.

The West Hercules semisubmersible is preparing to spud the first delineation well at Liuhua 34-2 (OGJ Online, Dec. 9, 2009).

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