PY 29-3-1 completed without result reported.  CNOOC â Shenzhen spudded a new-field wildcat (NFW), PY 29-3-1 (Panyu 29-3-1), in the Pearl River Mouth Basin of the South China Sea on 25 February 2020. The well is located in the Panyu Low Massif, in a water depth of about 187 m area. The well is targeting the Oligo-Miocene clastic play. âNanhai 8â S/S is used for the drilling operation.   PY 29-3-1 is drilled in the east of the PY 30-1 gas/condensate field, which was discovered in May 2002 and onstream in March 2009, it was producing at an average rate of 68.7 MMcf/d in 2018.  There are other three gas/condensate fields on production in the area. The three fields Panyu 34-1, Panyu 35-1 and Panyu 35-2 are developed as the Panyu gas field complex. The complex is located 250 km southeast of Hong Kong, about 14 km southwest of the existing PY 30-1 gas field. The development plan of the complex included a central processing platform at Panyu 34-1 field, linked by subsea pipeline at Panyu 35-1 and Panyu 35-2. Gas from the three fields is piped 200 km to Gaolan terminal in Zhuhai City of Guangdong Province along with the Liwan 3-1 gas.   PY 34-1, was discovered in August 2002 and onstream in November 2014, gas production is remained growing at a rate of 41 MMcf/d in 2018.  Â PY 35-1, discovery was made in June 2003 and came onstream in November 2014, gas production is remained growing at a rate of 16.4 MMcf/d in 2018.   PY 35-2, discovery was made in March 2008 and came onstream in December 2014, gas production is remained growing at a rate of 28 MMcf/d in 2018.  The gas produced from the fields is mainly accumulated in the Oligocene Zhuhai and Miocene Zhujiang formations. Available data in the PY 30-1 indicated a liquid/gas ratio at about 5.89 bbl/MMscf.
CNOOC Shenzhen â PY 29-3-1 â Completed without result reported â PRMB, South China Sea