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Sinopec to drill deepwater well in South China Sea in 2010

(Gaschina.com.cn)
Updated: 2009-07-16 14:48

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China Petrochemical Corp (Sinopec Group), the parent of Sinopec, intends to drill its first deepwater well next year in the South China Sea, said two unnamed officials with the company on Tuesday, Dow Jones Newswires reported.

The official said the company has started a 3D seismic survey of 1,250 square kilometers (sq km) in the Qiongdongnan basin, and will drill in the areas with the best prospects. Though Sinopec Group has a license to explore more than 8,000 sq km in the basin, including some areas disputed by Vietnam, it will only survey in undisputed areas, said the officials...

 

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