Lufeng oil find underlines Paleogene potential

Offshore staff

HONG KONG – CNOOC has proven a new oil field in the eastern South China Sea.

The Lufeng 14-4 structure is within the Lufeng Sag in the Pearl River Mouth basin in a water depth of 145 m (476 ft).

The discovery well Lufeng 14-4-1, completed at a depth of 4,098 m (13,445 ft), intersected oil pay zones with a total thickness of 150 m (492 ft), with the well testing at a rate of 1,320 b/d.

CNOOC says the result underlines the exploration potential of the Paleogene system in the basin.


Did You Like this Article? Get All the Energy Industry News Delivered to Your Inbox

Subscribe to an email newsletter today at no cost and receive the latest news and information.

 Subscribe Now


Logistics Risk Management in the Transformer Industry

Transformers often are shipped thousands of miles, involving multiple handoffs,and more than a do...

Secrets of Barco UniSee Mount Revealed

Last year Barco introduced UniSee, a revolutionary large-scale visualization platform designed to...

The Time is Right for Optimum Reliability: Capital-Intensive Industries and Asset Performance Management

Imagine a plant that is no longer at risk of a random shutdown. Imagine not worrying about losing...

Going Digital: The New Normal in Oil & Gas

In this whitepaper you will learn how Keystone Engineering, ONGC, and Saipem are using software t...